Sunday, November 29, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Unveils New Drone For Prime Air Delivery
Google Glass Evoluion Could Be A Monocle
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > iPhone ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 23, 2014
iPhone Sales Drive Apple's Record March Quarter Revenue

Apple today posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2 billion for its fiscal 2014 second quarter ended March 29, 2014.

These results compare to revenue of $43.6 billion and net profit of $9.5 billion in the year-ago quarter. Gross margin was 39.3 percent compared to 37.5 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter?s revenue.

Apple has sold higher than expected 43.72 million iPhones.

"We're very proud of our quarterly results, especially our strong iPhone sales and record revenue from services," said Tim Cook, Apple's CEO. "We're eagerly looking forward to introducing more new products and services that only Apple could bring to market."

"We generated $13.5 billion in cash flow from operations and returned almost $21 billion in cash to shareholders through dividends and share repurchases during the March quarter," said Peter Oppenheimer, Apple's CFO. "That brings cumulative payments under our capital return program to $66 billion."

For the third quarter, Apple expects a revenue between $36 billion and $38 billion.

Apple also approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.

Qualcomm Reports Less Than Expected 2Q Revenue        All News        Travelling Through Time On Updated Google Maps
Qualcomm Reports Less Than Expected 2Q Revenue     Mobiles News      OnePlus One To Launch Next Month

Get RSS feed Easy Print E-Mail this Message

Related News
Apple To Brings Apple Pay To China
Apple To Shut Down Beats Music
Apple Plans To Offer Person-to-person Payment Service: report
Apple Announces 1000 New In Ireland, Gets Ready For Tax Ruling
iPad Pro Available to Order Online Wednesday
iPhone, Apple Watch And App Store Drive Apple's Revenue Growth
Apple To Promote Low-Carbon Manufacturing in China
Tim Cook Talks About Apple Music, Apple TV And Apps
Apple Faces Damages Over Chip Technology Patent Infringement
Apple Ads Retina Displays To All iMac Family
Apple Removes Apps From Online Store
Apple's iBooks To Offer Enhanced Editions of Harry Potter Series

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .