Apple Reports Fiscal Q4 2014 Results – Sold 39M iPhones, 5.5M Macs

Apple has reported their financial results for the fiscal fourth quarter ended September 27, 2014. The company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share, versus revenue of $37.5 billion and net profit of $7.5 billion, or $1.18 per diluted share, in the year-ago quarter. Gross margin was 38% compared to 37% in the year-ago quarter. International sales accounted for 60% of the quarter’s revenue.

Apple’s Board of Director has declared a cash dividend of $0.47 per share of Apple common stock. The dividend will be payable on November 12, 2014, to shareholders of record as of the close of business, November 10, 2014.

“Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus,” said Tim Cook, Apple’s CEO. “With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.”

Apple also disclosed sales numbers for its main products.

The company sold:

• 39.2 million iPhones
• 12.3 million iPads (Another year-over-year decline)
• 5.5 million Macs
• 2.6 million iPods

Apple is providing the following guidance for its fiscal 2015 first quarter:

• revenue between $63.5 billion and $66.5 billion
• gross margin between 37.5 percent and 38.5 percent
• operating expenses between $5.4 billion and $5.5 billion
• other income/(expense) of $325 million
• tax rate of 26.5 percent

Apple is will hold a conference call today at 2PM Pacific/5PM Eastern time to discuss the quarter’s earnings. The conference call is available to listen to via live streaming, and MacTrast will also be covering the call.