Apple posts Q3 2015 earnings, cites $10.7 billion profit on $49 billion in revenue

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Date: Tuesday, July 21st, 2015, 14:53
Category: Apple TV, Apple Watch, Finance, iPad, iPhone, iPod, News, Wearables


US$49 billion in revenue and a US$10.7 billion profit isn’t chump change.

And that’s the amount that Apple reported for its Q3 2015 earnings today, complete with figures that included profits from sales of the Apple Watch, which was launched on April 24th.

During today’s announcement, the company cited revenues of US$37.4 billion and a net profit of US$7.7 billion, or US$1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

The company also disclosed unit sales, although it has yet to reveal specific sales numbers for the Apple Watch device:

iPhone: 47 million units

iPad: 10.9 million units

Mac: 4.7 million units

Even with the Apple Watch and Beats revenues not explicitly revealed, the company did report an additional US$2.6 billion in revenue that stemmed from areas like iPods and Apple TV.

Today’s Q3 results follow last quarter’s US$58 billion in revenue and 61.1 million iPhones sold, 12.6 million iPads sold, and 4.5 million Macs sold globally. During the same quarter a year ago with the iPhone 5s at the top of the lineup, Apple reported US$37.4 billion in revenue and 35.2 million iPhones sold, 13.2 million iPads sold, and 4.4 million Mac sales. Apple reported US$13.6 billion in profit last quarter and US$7.7 billion during the same quarter a year ago.

Not too shabby, all things considered.

Stay tuned for additional details as they become available.

Via 9to5Mac

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