After three months from the latest results is the time of the first quarter 2016.
As usual Apple has just released a press release the results of the first quarter of 2016.
It starts with a revenue of 75.88 billion dollars ,a total of 74.79 million iPhones
sold 16.12 million iPads sold and 5.3 million Macs sold.
The company announced a quarterly sales record of 75.9 billion dollars and net quarterly
profit of $ 18.4 billion, equal to $ 3.28 per diluted share.
These results compare with those of the same quarter of last year
when the company had revenues of 74.6 billion dollars and net quarterly profit of $ 18 billion,
equal to $ 3.06 per diluted share. The gross margin was 40.1 percent,
compared to 39.9 percent in the quarter a year ago. International sales accounted for 66 percent
of the quarter’s revenue.
Apple sold 74.7 million iPhone during the quarter, to be compared with respect to the 74.4 million
iPhones sold in the same period of last fiscal year, an increase of 0%. Apple also sold
16.1 million iPad to be compared with respect to the 21.4 million iPads sold in the same period of last fiscal year, with a decrease of 25%. Sold 5.3 million Macs during the quarter as compared to compare to 5.5 million
Macs sold in the same period of last fiscal year, with a decrease of 4%.
“Our team has completed the biggest quarter ever for Apple, thanks to the most innovative products
in the world and the sales record of always regarding iPhone, Apple Watch and Apple TV,”
said Tim Cook, Apple’s CEO . “The growth of our Services business has accelerated during
the quarter to produce record results, and our installed base recently reached the milestone
of one billion active devices.”
“Our record sales and strong margins drove the record of always regarding net income and earnings
per share despite a difficult macroeconomic environment,” said Luca Maestri, Apple’s CFO.
“We generated an operating cash flow of $ 27.5 billion during the quarter, and returned more
than $ 9 billion to shareholders through share repurchases and dividends.
We completed 153 billion of the 200 billion provided by our program of return on capital “
Apple provides the following guidance for the second quarter of its fiscal year 2016:
revenue of $ 50 billion and $ 53 billion
gross margin between 39 percent and 39.5 percent
operating expenses between $ 6 billion and $ 6.1 billion
other income / (expense) of $ 325 million
tax rate of 25.5 percent
The Board of Directors of Apple declared a cash dividend of $ 0.52 per share of common stock of the Company.
The dividend is payable on the February 11, 2016 to shareholders of record at the close of business on February 8, 2016.