Apple Q4 2014: 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs, $42.1 billion in revenue!

Apple has released their Q4 2014 financial earnings report and the big numbers include 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs, 2.6 million iPods, and $42.1 billion in revenue!Apple's CEO, Tim Cook, had the following to say:

"Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus. With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple's strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015."

Here's the full press release.

CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2014 fourth quarter ended September 27, 2014. The Company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. These results compare to revenue of $37.5 billion and net profit of $7.5 billion, or $1.18 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 37 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter's revenue.

"Our strong business performance drove EPS growth of 20 percent and a record $13.3 billion in cash flow from operations in the September quarter"

Apple's board of directors has declared a cash dividend of $.47 per share of the Company's common stock. The dividend is payable on November 13, 2014, to shareholders of record as of the close of business on November 10, 2014.

"Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus," said Tim Cook, Apple's CEO. "With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple's strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015."

"Our strong business performance drove EPS growth of 20 percent and a record $13.3 billion in cash flow from operations in the September quarter," said Luca Maestri, Apple's CFO. "We continued to execute aggressively against our capital return program, spending over $20 billion in the quarter and bringing cumulative returns to $94 billion."

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

  • revenue between $63.5 billion and $66.5 billion
  • gross margin between 37.5 percent and 38.5 percent
  • operating expenses between $5.4 billion and $5.5 billion
  • other income/(expense) of $325 million
  • tax rate of 26.5 percent

Apple will provide live streaming of its Q4 2014 financial results conference call beginning at 2:00 p.m. PDT on October 20, 2014 at www.apple.com/quicktime/qtv/earningsq414. This webcast will also be available for replay for approximately two weeks thereafter.

Rene Ritchie
Contributor

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.

16 Comments
  • Apple is doomed again... :p
  • Yup, any day now, they're going to go right down. In reality, Apple has once again delivered the goods and the street treats its shares like nothing better than average. Truly incredible.
  • Completely doomed. Theyre a has been. They won't even release numbers on actuals. Non disclosure....
    Oh......wait.....nevermind....
  • To be so doomed....
  • Wow, that's a 12% YoY drop on iPads. Unfortunately, with the bigger iPhones and lackluster upgrades for the iPad, I'm worried about how they'll turn that around. Still, those are some impressive iPhone numbers.
  • Theoretically, the iPhone 6 Plus reduces some of the demand for the iPad mini. I'd rather Apple cannibalize their own product line than someone else. Selling a smaller product (with less material) instead of a larger iPad? That's a good "problem" to have.
  • That's a good point, but I think it's more than just that. IPad sales have been down YoY for a few quarters now. I think phablets in general are taking the place of mini tablets.
  • Yes, if indeed 6+ sales cannibalize iPad sales then it's a win for Apple. Higher 6+ sales drives up the iPhone's ASP and results in higher revenues and greater profit margins than those coming from iPads. I don't think any analyst is brave enough to suggest lower iPad sales means tablet consumers are leaving Apple for Android and Windows.
  • I hardly call the iPad Air 2 a lackluster upgrade. Not revolutionary of course, but not lackluster either. It is a good upgrade. The iPad mini OTOH, I think eventually its days are numbered, or it will just take the place of the iPod Touch - something "cheap" that parents buy for their youngsters.
  • Ya, this is a big record especially for new iPhone 6 and 6 plus, in fact here in Italy the preorders of these new iPhones were not yet arrives since the lunching date, these reports were only papers but the items were not. What was happen why these new iPhones we cannot see here in Italy, yes theres some availables 16gb but 64 & 128gb were not available. Uffffaaaa Sent from the iMore App
  • Figures mean nothing of any significance truthfully. Question is what was the true sales of the Apple iphone 6 plus let's not worry about the iphone 6. Pretty sure 98% of whatever revenue was made was done because of the regular iphone 6 (NOT) the Iphone 6 plus. I've yet to anyone with a iphone 6 plus yet in New York City. Those sells were extremely low for the iphone 6 plus nothing more than a experimental product. From my Galaxy Note 3 On T-Mobile via iMore App
  • Yeah 6 plus must be selling terribly since there is a 5 week wait currently on them. And I find it hard to believe that you haven't seen any in NYC when I have seen a few dozen in upstate NY. Maybe you only pay attention to people who have Samsungs in their hands. And btw, I don't think Apple really cares what the mix is between the 6 and 6 plus. the fact is they are making more bottom line profit than all the other cell manufacturers combined. That is the only thing that matters in business.
  • To partially quote Steve Jobs; "Insanely great!" that is a whole lot of cash! I hope that money goes into the next big thing from the house that Steve built. I have a feeling if he was still around that the larger iPhones may have never happened, but I am glad they did. The iPhone 6 Plus is so much more comfortable for me to use and I may forever get the Android fans about buying "The bending phone" but to have a 64 bit dual core CPU and a killer GPU, there's just so much to love from the new iPhones in general. Now I think it's long past due to upgrade to a new iPad. My iPad 2 has been quite the soldier over all these years since the day I bought it. A product lasting this long from the day it came out shows just how well it was designed (aside from the awful cameras in it). I had my doubts that Apple would succeed without Jobs, but I'm happy to be wrong on that part.
  • In all comparisons I have read so far the Note 4 seems to be getting the win over the IPhone 6+. Let's see if iMore is capable of a true comparison between the Note 4 and the iPhone 6+. Posted via the iMore App for Android
  • Why is it that everywhere that is for Apple iPhone owners or anything else, there's always some stick in the mud? The only thing they have in common is size. SMH
  • Wow!!!, and after all that Apple can afford to sell there stuff much Cheaper!!!! Sent from the iMore App