Q1 2014 Apple results are in! 51 million iPhones, 26 million iPads, 4.8 million Macs sold

Q1 2014 Apple results are in! iPhones, iPads, Macs sold

Apple has just announced their Q1 2014 financial results and here are the numbers: 51 million iPhones, 26 million iPads, and 4.8 million Macs sold. Revenue for the quarter was $57.6 billion and net profit $13.1 billion. Tim Cook:

“We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, Software and Services. We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better.”

Apple will hold its traditional conference call at 2pm PT, 5pm ET, 10pm GMT. We'll be covering it live, and doing a special edition iMore show podcast right afterwards.

Source: Apple

Apple® today announced financial results for its fiscal 2014 first quarter ended December 28, 2013. The Company posted record quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion, or $14.50 per diluted share. These results compare to revenue of $54.5 billion and net profit of $13.1 billion, or $13.81 per diluted share, in the year-ago quarter. Gross margin was 37.9 percent compared to 38.6 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

The Company sold 51 million iPhones, an all-time quarterly record, compared to 47.8 million in the year-ago quarter. Apple also sold 26 million iPads during the quarter, also an all-time quarterly record, compared to 22.9 million in the year-ago quarter. The Company sold 4.8 million Macs, compared to 4.1 million in the year-ago quarter.

Apple’s Board of Directors has declared a cash dividend of $3.05 per share of the Company’s common stock. The dividend is payable on February 13, 2014, to shareholders of record as of the close of business on February 10, 2014.

“We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, Software and> Services,” said Tim Cook, Apple’s CEO. “We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better.”

“We generated $22.7 billion in cash flow from operations and returned an additional $7.7 billion in cash to shareholders through dividends and share repurchases during the December quarter, bringing cumulative payments under our capital return program to over $43 billion,” said Peter Oppenheimer, Apple’s CFO.

Apple is providing the following guidance for its fiscal 2014 second quarter:

• revenue between $42 billion and $44 billion

• gross margin between 37 percent and 38 percent

• operating expenses between $4.3 billion and $4.4 billion

• other income/(expense) of $200 million

• tax rate of 26.2 percent

Apple will provide live streaming of its Q1 2014 financial results conference call beginning at 2:00 p.m. PST on January 27, 2014 at www.apple.com/quicktime/qtv/earningsq114. This webcast will also be available for replay for approximately two weeks thereafter.

Rene Ritchie

Editor-in-Chief of iMore, co-host of Iterate, Debug, Review, Vector, and MacBreak Weekly podcasts. Cook, grappler, photon wrangler. Follow him on Twitter and Google+.

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Q1 2014 Apple results are in! 51 million iPhones, 26 million iPads, 4.8 million Macs sold

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Analysts over expected... again. Apple does better than any previous quarter... again. After-hours trading - Apple stock is down... again.

Sorry chaps... we only (ONLY!!) sold 51 million phones this quarter... from three god damn models!!!

Hear that? That's the sound of HTC's tears.....

Doing the math now . . . record sales and profits . . . carrying the one . . . fudging because — Apple . . . got it. Apple is doomed.

Have to say that I thought sales would be higher given how it launched so many new things in the quarter. Wonder of delays in the iPad mini roll out might mean more are sold in the first q of 2014?

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I'd say they are doing just fine:

iPhone = 51 - 47.8 / 47.8 * 100 = 06.69% growth
iPad = 26 - 22.9 / 22.9 * 100 = 13.54% growth
Mac = 4.8 - 4.1 / 4.1 * 100 = 17.07% growth

Would love to know how many 5c and 4/4s were sold out of those iPhone sales.

Posted via the Android iMore App!

Just out of curiosity, I'd be interested to know the breakdown between the Americas, Europe, & Asia.
Just to compare to next year's sales now that Apple has just begun selling iPhones big time in China.

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AAPL tanking 8% in after hours trading. Record quarters are the kiss of death apparently. Apple is soooo yesterday’s news. Google paying $3.2 billion for a thermostat is where it’s at!