Apple (AAPL) Tops Q4 EPS by 8c
(Updated - October 27, 2015 4:33 PM EDT)
Apple (NASDAQ: AAPL) reported Q4 EPS of $1.96, $0.08 better than the analyst estimate of $1.88. Revenue for the quarter came in at $51.5 billion versus the consensus estimate of $51.12 billion.
iPhone units were 48.05M compared to consensus of 48M, Mac units were 5.71M compared to expectations of 5.7M and iPad units were 9.9M versus expectations of 10.5M.
“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams,” said Tim Cook, Apple’s CEO. “We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week.”
“Apple’s record September quarter results drove earnings per share growth of 38% and operating cash flow of $13.5 billion,” said Luca Maestri, Apple’s CFO. “We returned $17 billion to our investors during the quarter through share repurchases and dividends, and we have now completed over $143 billion of our $200 billion capital return program.”
The company sees Q1 revenue of $75.5 billion to $77.5 billion versus the consensus of $77.14 billion.
The company sees gross margin between 39 percent and 40 percent, operating expenses between $6.3 billion and $6.4 billion• other income/(expense) of $400 million and a tax rate of 26.2 percent.
For earnings history and earnings-related data on Apple (AAPL) click here.