Apple quarterly profits pass $11B in latest report
Last week we checked in with two of the companies behind the biggest platforms in mobile as they shared their latest financial figures, as both Google and Microsoft posted their revenues. That leaves one more name to complete the triumvirate, and today Apple steps up with its own numbers, announcing $11.1B in profit off of $51.5B in total revenue.
Those figures positively dwarf both Google and Microsoft’s recent earnings – even the two combined don’t touch Apple’s income.
Compared to recent quarters, Apple’s up from Q3’s $49.6B, though down slightly from the $58B it brought in during Q2. Year-over-year we see some major gains, with Q4 2014 only generating $8.5B profit on $42.1B in income – meaning we’re also looking at a slight boost to margins.
How about hardware; just how many devices is Apple selling in order to make all that money?
Apple reports iPhone sales hitting 48 million handsets. Tablet sales took a slight dip to 9.8 million units, but in a quarter leading up to a new-device launch, that’s still not bad. Customers also bought some 5.7 million Macs.
Individual data on products like the Apple Watch and Apple TV are still obscured by the way Apple reports “other” earnings, but as whole the category they represent generated just over $3B in sales – that’s up quite a bit from last quarter’s $2.6B.