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Apple: 48M iPhones & 5.7M Macs later = $51.5B revenue for 2015


Apple: 48M iPhones & 5.7M Macs later = $51.5B revenue for 2015

Fiscal 2015 has been the biggest year yet for Apple, with Apple CEO Tim Cook reporting on Tuesday that revenue had grown a massive 28% to nearly $234 billion with $11.1 billion of that being net profit.


"This continued success is the result of our commitment to making the best, most innovative products on earth, and it's a testament to the tremendous execution by our teams."

"We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week."



The ever popular iPhone posted a 22 percent year over year increase, while revenue from the handset was up 36 percent.


However, iPad sales continued their decline in the quarter, falling 20 percent year over year to 9.8 million tablets, most likely driven by the ever increasing competition in this space with a far lower price point.


Apple Chief Financial Officer Luca Maestri says "Apple's record September quarter results drove earnings per share growth of 38% and operating cash flow of $13.5 billion. We returned $17 billion to our investors during the quarter through share repurchases and dividends, and we have now completed over $143 billion of our $200 billion capital return program."


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