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Apple‘s Fourth Quarter Results Revealed!

Apple announced financial results for its fiscal 2013 fourth quarter ended September 28, 2013 on October 28th. The report shows that iPhone sales grow 26% to establish new September quarter record! The quarterly revenue of $37.5 billion and quarterly net profit of $7.5 billion, or $8.26 per diluted share was reported by the company this year, compared to revenue of $36 billion and net profit of $8.2 billion, or $8.67 per diluted share, in the year-ago quarter. As for the gross margin, it was 37% compared to 40% in the year-ago quarter. International sales accounted for 60%of the quarter’s revenue.

According to the report, 33.8 million iPhones were sold compared to 26.9 million in the year-ago quarter. Apple also sold 14.1 million iPads during the quarter, compared to 14 million in the year-ago quarter. The Company sold 4.6 million Macs, compared to 4.9 million in the year-ago quarter. 

Tim Cook, Apple’s CEO commented: “We’re pleased to report a strong finish to an amazing year with record fourth quarter revenue, including sales of almost 34 million iPhones. We’re excited to go into the holidays with our new iPhone 5c and iPhone 5s, iOS 7, the new iPad mini with Retina Display and the incredibly thin and light iPad Air, new MacBook Pros, the radical new Mac Pro, OS X Mavericks and the next generation iWork and iLife apps for OS X and iOS.”

Peter Oppenheimer, Apple’s CFO said:  “We generated $9.9 billion in cash flow from operations and returned an additional $7.8 billion in cash to shareholders through dividends and share repurchases during the September quarter, bringing cumulative payments under our capital return program to $36 billion.”

You can check the whole report along with the guidance for Apple’s fiscal 2014 first quarter here.