Apple held their Q4 2013 earnings conference call this afternoon, and CEO Tim Cook, CFO Peter Oppenheimer, and Corporate Comptroller Luca Maestri shared some interesting numbers with the press.
Overall
- Apple earned $171 billion in revenue in fiscal year 2013.
- Apple ended the quarter with $148.6 billion in cash, $35.5 billion of it held domestically.
- The company paid $2.8 billion in dividends in the quarter, 47 million shares have been retired via buybacks.
- Apple completed 15 strategic acquisitions in the last year.
- Best Education quarter ever. Up 8% year-over-year. iPad up 22% year-over-year. Mac up 8% year-over-year.
- $1 billion in Education revenues in a quarter for the first time ever.
The iPhone
- 33.8 million iPhones were sold in the September quarter.
- 150 million iPhone sales in fiscal 2013
- 14.3 million iPhones in the channel inventory at end of quarter.
- 4-6 weeks of iPhone channel inventory on a look-forward basis.
- Surveys show that of those planning on buying a phone in the next few weeks, 63% would choose an iPhone.
- Changewave reports a 96% satisfaction rate for the iPhone.
- iPhone users spend 53% more time using their device than other smartphone users.
- More than 14,000 Johnson Control employees are using the iPhone on their jobs.
The Mac
- Sales for the Mac were down 7% for the quarter, however the overall PC market was down 10%.
- 4.6 million Macs sold, down from 4.9million last year.
- 16 million Macs sold in fiscal 2013.
The iPad
- Apple says the iPad accounted for an amazing 90% of tablet activations last year.
- Sales of iPads to K-12 educational institutions in the UK have more than doubled from last year.
- Apple has a 94% share of tablets in education,.
iTunes and the App Store
- iTunes software and services reached $4.4 billion in the quarter, a 22% year-over-year jump.
- $13 billion has been paid in total to app developers, half of that in just the last year.
- 60 billion app downloads.
- 20 million iTunes Radio listeners.
Apple Retail
- Retail sales revenue: $4.5 billion for the quarter, up 6% over the same period last year.
- The company remodeled two stores, while opening eight new ones in the quarter.
- Average revenue per store amounted to $10.9 million per store.
- iPhone sales up 36% per store, per week from last year.
- 99 million customers entered an Apple retail store in the quarter.
- The greater China region generated over $27 billion for the full year.
Apple’s Next Quarter (Q1 2014)
- Revenue is expected to be between $55 billion and $58 billion.
- Gross margins are expected to land somewhere between 36.5% and 37.5%.
- Operating expenses should fall somewhere between $4.4 billion and $4.5 billion.
- The expected tax rate for the holiday quarter will be about 26.5%.
