Late last night, Apple announced its finances for the third quarter of the current year when it posted revenues of $49.6 billion. Along with iPhones and iPads, here are five things Apple announced in its latest quarterly earnings. Also Read - Apple co-founder Steve Jobs' job application sold for over Rs 2.5 croreAlso Read - Apple iOS 15, iPadOS 15 beta 4 released: What’s new, how to download
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In Q3, 2015, Apple posted revenues of $49.6 billion, and quarterly net profit of $10.7 billion. It is down from last quarter, when the Cupertino-based company posted revenues of $58 billion and a quarterly net profit of $13.6 billion. Compared to a year ago however, the Q3 earnings correspond to a 32.5 percent growth. In Q3, 2014 Apple posted revenues of $37.4 billion and $7.7 billion net profit.
There s no stopping the iPhones it seems. After two blockbuster quarters wherein it sold 74.5 million iPhones in Q1, and 61 million iPhones in Q2, it has done relatively well in Q3. In what is traditionally a slow quarter for Apple, it sold 47 million iPhones. This represents a 35 percent year-over-year growth, when it sold 35.3 million iPhones.
Apple s tablets are seeing quite a downturn having only sold 10.9 million units in this quarter. This is below analysts predictions of 11 million units. This also represents a 13 percent slide from last quarter when it sold 12.6 million iPads and a near 18 percent year-on-year dip when it managed to sell 13.3 million iPads.
Unlike the tablets, Macs are still on an upwards trajectory. Apple sold 4.7 million Macs this quarter, which represents a five percent rise over last quarter and a nine percent year-on-year growth. In Q2 this year, Apple sold 4.5 million Macs, while in Q3 last year it sold 4.4 million units of the Mac.
While the PC industry is on a downward trajectory, Apple s good fortunes can be credited to the new launches this quarter. This includes the new ultra-slim MacBook, updated 15-inch MacBook Pro and the new 27-inch iMac.
It s not surprising that Apple didn t breakdown the Watch numbers, and instead combined it in the other services category. Not only is the Watch a brand-new product category, but Cook also said that he didn t want to give competitors an inside track by revealing the Watch numbers. Independent analysts like Canalys however claims that Apple managed to ship 4.2 million Watches in the second quarter this year. In the process it became the largest wearable company overtaking the likes of Xiaomi and Fitbit.
Apple announced that the other services category combined brought in revenues of $2.6 billion in this quarter. In addition to the Apple Watch, this category also includes iPods and Apple TVs.
We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch, said Tim Cook, Apple s CEO. The excitement for Apple Music has been incredible, and we re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall.