Apple announces its quarterly profit was the largest in history worth $ 18.4 billion




Apple has just announced its financial results for the first quarter of the current fiscal year ending on December 26, 2015, the company achieved record quarterly revenues during the last three months of 2015 amounted to about 75.9 billion dollars.

While the company registered and based in Cupertino, California-based Net quarterly net profit of $ 18.4 billion, or $ 3.28 per share.

The company has also anticipate revenue for the second quarter of fiscal year 2016, and you mean the first three months of this year, where the company expects to achieve revenues of between $ 50 billion and $ 53 billion.

This is less than the forecast revenue for the second quarter of 2015, which amounted to $ 58 billion, this means the first decline of revenues on an annual basis for Apple over the past thirteen years.

The company has released only one new device during this period, a Hasabha tablet iPad Pro, but during the same period, the company has started selling phones iPhone 6S and iPhone 6S Plus in China during the last three months of 2015.

China is the biggest driver for the growth of the company during the last year, and despite the emergence of many news about the company’s suppliers request amounts less than the company’s products in recent weeks, but this recession is apparent in the last quarter of the financial company results, and return the bulk of the credit to the standard sales boost Chinese.

Despite the decline in revenue from Japan and America, but that strong growth in the Chinese market contributed to the preservation of Apple’s revenue decline over the year.

And indicate the total sales figures for the iPhone phones during the first quarter of 2016 to about 74.78 million telephone, a similar number to the phone sales during the same period of 2015.

And achieved iPhone phones sales of the bulk of Apple’s revenues, and that along with the growth of other products revenue includes hour Apple Apple Watch and Apple TV, and has made those products growth in terms of revenue by as much as 62 percent, to add to the results of the financial quarter, about $ 4.3 billion.


In: A Technology & Gadgets Asked By: [21021 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »

Star Points Scale

Earn points for Asking and Answering Questions!

Grey Sta Levelr [1 - 25 Grey Star Level]
Green Star Level [26 - 50 Green Star Level]
Blue Star Level [51 - 500 Blue Star Level]
Orange Star Level [501 - 5000 Orange Star Level]
Red Star Level [5001 - 25000 Red Star Level]
Black Star Level [25001+ Black Star Level]