Monday, May 02, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
You Can No Longer Use Google In Cortana searches
HP Releases New Chromebook for Home and Office
AMD and Nantong Fujitsu Microelectronics Close on Semiconductor Assembly and Test Joint Venture
Google's Pichai Sees the End of Computers
Amazon Reports Strong Quarter
Sony Reports Loss But PlayStation Keeps Performing Well
Japan Display Showcase The Latest In Display Technologies In SID DISPLAY WEEK 2016
Strong Galaxy S7 Sales Keep Samsung's Profit High
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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.




Previous
Next
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 Reports Second Quarter Results
iPhone 7 May Not Be Enough to Boost Apple's Sales
Future Apple Watch Apps Should Work Without An iPhone
Apple Updates MacBook with Latest Processors, Longer Battery Life
KGI Analyst Says iPhone 7 To Feature 'All glass' Enclosure Along With An AMOLED Screen
Report Says Apple To Extend iPhone Output Cut
Samsung Signs OLED Deal With Apple: report
Fitch Sees An OLED iPhone Coming Soon
Fan Out Chip Packaging To Allow Apple Offer An Ultra-slim iPhone 7
FBI Cracks Shooter's iPhone
Apple Tackles iOS 9.3 Update Problem In iPads And iPhones
FBI To Crack iPhone's Encryption With The Help Of Israeli ellebrite: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .