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Apple has announced its numbers for the quarter that ended on 26 September 2015 and the Cupertino-based tech giant is doing exceptionally well. The company recorded revenue of US$51.5-billion with net profit totaling US$11.1-billion. In Q4, the company sold 48 million iPhones, 9.8 million iPads and 5.7 million Macs.
All in all, Apple has sold over 300-million devices this year. These include 231-million iPhones, 55-million iPads, and 21-million Macs. The company also increased its global market share for both iPhone and Mac.
According to Apple, International sales accounted for 62% of the quarter’s revenue. Major contributors to this quarter’s numbers were the sales of the iPhone, Apple Watch and Mac.
Compared with last year’s numbers for the same quarter, in which Apple recorded a revenue of US$42.1 billion and net profit of US$8.5 billion, the company has seen an increase of 22% and earnings per share up 38% year-over-year.
With the already recorded success of the iPhone 6s and 6s Plus, Apple expects that revenue for the first quarter of 2016 will be between US$75.5 billion and US$77.5-billion.
It is not only the Q4 2015 results that Apple released in its conference call yesterday. Tim Cook CEO revealed that the company had completed 15 acquisitions in the fiscal year and according to him this will help the company enhance and accelerate its roadmap for products and services. The app store fueled US$1.5-billion in services revenue. The Watch App store has over 13 000 apps, including more than 1 300 native apps.
Tim Cook spent some time talking about Apple’s vigorous strategy for the Chinese market.
“On Saturday we opened a new store, our 25th in greater China to a very enthusiastic crowd. We are well on our way to achieve our goal of 40 stores by the middle of next year” Cook said.
Apple’s success is not only due to its existing customers but it is gaining customers from Android. In Q4 2015, over 30 % customers who purchased an iPhone last quarter switched from an Android device.