Apple Inc. CEO Tim Cook said this year is the company's most successful year yet. During Apple's Q4 2015 earnings call, Cook spoke with analysts and answered questions.
Cook indicated it as record-breaking, and reported a 234 billion revenue, a 28 percent increase over last year. He said this year the largest revenue growth of Apple ever, reported iMore.
The financial results for the fiscal 2015 fourth quarter ending September 26, 2015 was announced Tuesday, Oct. 27. It reported quarterly revenue of $51.5 billion and a quarterly net profit of $11.1 billion.
Compared to the year-ago quarter, it earned a $42.1 billion, $8.5 billion net profit, a gross margin of 39.9 percent compared to the previous 38 percent. The 62 percent quarter revenue is courtesy of their international sales, said the company's website.
The company's board of directors declared a $0.52 cash dividend per share of Apple's common stock, payable to shareholders on Nov. 12, 2015 as of the close business on Nov. 9, 2015.
Apple Inc. CEO Tim Cook explained that growth was credited to making big in-roads into emerging markets, and generated a revenue of more than 79 billion dollars and grew 63 percent. These were made possible with their commitment to innovation and creating the best products on Earth.
Apple Inc. sold more than 300 million devices: 21 million Macs, 55 million iPads and 231 million iPhones. The company added a new product category, the Apple Watch, new services like Apple Pay, Apple Music and Apple News. The App Store crossed 100 billion cumulative downloads.
The Cupertino, California-based tech firm generated more than 53 billion dollars net income, increased the earnings per share by 43 percent and gave back nearly 50 billion dollars to shareholders via dividends and share repurchases.
Apple Inc. continues to invest in research, development, marketing, distribution, infrastructure supply chain, said its CEO Tim Cook, as well as on its online and retail stores, while completing 15 acquisitions to enhance its products and services.
