Quantcast
APPLE Q4: OBSCENE, MASSIVE PILES OF LOVELY, LOVELY MONEY

Apple set sales and profit records in the final quarter of 2015, recording the most profitable quarter in corporate history—$18.4 billion, up 2% from 2014—and its highest quarterly revenue, $75.9 billion, up 2% from a year earlier.

If global currencies had not grown weaker against the dollar, Apple predicted that its sales would have topped $80 billion, a growth of 8% from the previous quarter.

It’s likely this is the end of the road for growth in device sales, though, as CEO Tim Cook predicts the company will report a quarterly decline in sales for the first time in 13 years once the current quarter is finished.

"The challenging global macroeconomic environment is leading to constrained conditions unlike anything we've seen, everywhere we look," Cook said on a conference call with analysts, noting that two-thirds of its device sales are now from outside the U.S.

Among devices, a record 74.8 million iPhones were sold, up less than 1%, but still a record quarter. Other hardware was down: iPads were off 25% to 16.1 million, and Macs were down 4% with 5.3 million sold.

Apple did not separate earnings or sales for individual services such as iTunes or Beats, but the company noted once again that its music streaming service has 10 million subscribers. Stay tuned for more on this score.

THE INSIDE STORY BEHIND ACM'S OUR COUNTRY
The trip from awards show to intimate performances. (4/3a)
AIRHEAD: KAREN'S HITS ODYSSEY
PoMo Goddess stuck inside of cesspool for 30 years now. (4/3a)
2020 THREE-MONTH MARKETSHARE SCORECARD
Deadlocks in the top tiers of the standings (4/3a)
HITS LIST WORKS
FROM HOME
Viewing the world through a webcam (4/3a)
POSTPONED: JAMES & JACKSON ON HOLD
Save your tickets. (4/3a)
WE FOUND SOME TOILET PAPER
Also known as back issues of HITS.
SOCIAL DISTANCING
We turn out to be pioneers.
STREAMING STORIES
The music doc shows new muscle.
ELECTION 2020
Not postponed yet.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)