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Apple announces Q1 2015 results: 74.5 million iPhones, 21.4 million iPads, 5.5 million Macs sold, $74.6 billion in revenue earned!

AirDrop
AirDrop (Image credit: iMore)

Apple has announced their Q1 2015 earnings and the numbers include Apple announces Q1 2015 results: 74.5 million iPhones, 21.4 million iPads, 5.5 million Macs sold, $74.6 billion in revenue earned! Apple's CEO, Tim Cook:

"We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."

Reaction is pretty much what you'd expect:

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You can read the full press release below, tune into the conference call via Apple.com, and keep it locked to iMore for ongoing coverage.

Apple Reports Record First Quarter Results

Highest-ever revenue & earnings drive 48% increase in EPS

Growth led by record revenue from iPhone, Mac & App Store

  1. The Company posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion, or $3.06 per diluted share. These results compare to revenue of $57.6 billion and net profit of $13.1 billion, or $2.07 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for 65 percent of the quarter's revenue.

The results were fueled by all-time record revenue from iPhone® and Mac® sales as well as record performance of the App Store℠. iPhone unit sales of 74.5 million also set a new record.

"We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."

"Our exceptional results produced EPS growth of 48 percent over last year, and $33.7 billion in operating cash flow during the quarter, an all-time record," said Luca Maestri, Apple's CFO. "We spent over $8 billion on our capital return program, bringing total returns to investors to almost $103 billion, over $57 billion of which occurred in just the last 12 months."

Apple is providing the following guidance for its fiscal 2015 second quarter:

• revenue between $52 billion and $55 billion

• gross margin between 38.5 percent and 39.5 percent

• operating expenses between $5.4 billion and $5.5 billion

• other income/(expense) of $350 million

• tax rate of 26.3 percent

Rene Ritchie
Rene Ritchie

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.

22 Comments
  • Wow. Posted from my TARDIS!
  • Amazing! Another win for the Cupertino Kids!
  • This simply can not be... I've been seeing since just before Apple released the iPhone4 on Verizon that Apple was doomed, and every device since the iPhone4 is junk and sure to be an utter failure... then I started ignoring those who come here from other sites to spread their sunshine... :)
  • So much for Bendghazi & Apple is boring.
  • Just wow! Sure love being a shareholder! Posted via my Nexus 6!
  • Goes to show how many people wanted larger iPhones. Wow
  • Then, if they upgrade the 4" iPhone to tech parity with the sixes, you get a different cohort of iPhone owners upgrading their phones.
  • Its all because of "Focus". Not one year of focus. But 18 years of continuous focus. Looks like this strategy works better than "Try it all" by Google, "Market a prototype" by Microsoft and "Sell every prototype" by Samsung.
  • Nice way to bash all the other companies...
  • Doomed! Apple is doomed! They can't design! They can't innovate! Dooooomed!
  • Some pretty amazing stuff
  • they're dooooooooooooomed!!!!!!!!!!!!!!!!!! OMG Apple just can't get it right!!!!!!!!!!! It's all smoke and mirrors and creative financing like selling off real estate and stuff.....they're dyyyyyyyyyyiiiiiiiiinggggggggg!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • The sad part is that the pathetic iHater crowd will keep right on spouting their venom and stupidity. You might think results like this would shut them up for at least a few hours but you would be wrong.
  • You mean the bitter and envious crowd? They're busy dealing with their own little issues at the moment. They'll show up eventually, should be funny.
  • Love the speculators on Wall Street, stock dropped like a rock before earnings. Open tomorrow should be good.
  • That's very impressive $74 million. Sent from the iMore App
  • That's a shocking amount of phone to sell, like otherworldly. Kudos to Cook for taking a successful product and making it even more-so. I'm a bit surprised about the iPad sales as every retailer appears to be having a fire sale on them over the holidays and IBM was supposed to do something for the iPad. It appears that the Beats acquisition amounted to absolutely nothing for Apple as it didn't make a dent in the financials compared to last year.
  • Tablets sales slowed down for everyone after surge in 2013. It's like every already had one and didn't need to upgrade. This year will probably see tablet and laptop sales recover a bit. My guess is that tablet sales will continue to take away from laptops , but you won't see any big changes in either sector this year.
  • ....and the stock tanked $3.96 yesterday.
  • Well done Apple! Sent from the iMore App
  • Am I from another planet or... we are still at the beginning of Q1 2015???
  • Financial quarters don’t necessarily coincide with the calendar. It’s known as the fiscal year and companies can (as well as the government) set their fiscal calendars differently.