Apple announced its financial results for its fiscal fourth quarter of 2015 this afternoon, and the numbers are pretty solid. The company sold 48M iPhones and earned $51.5B in revenue, handily beating numbers from last year but falling short of Wall Street’s expectations.
We’ve just finished up the conference call, where Tim Cook and CFO Luca Maestri discussed Apple’s performance over the three-month period, and offered up some insights into its future. And as usual, we’ve rounded up the 15 most interesting points from the call below.
- Revenue for fiscal 2015 was $234 billion, up 28% and $51 billion over 2014 (largest ever).
- Apple sold over 300 million devices during the last 12 months.
- Completed 15 acquisitions.
- Apple now has $205 billion in cash.
- Android users switched to iPhone at their highest rate ever: 30% in Q4.
- Total iPhone sales were up 120% in mainland China.
- All-time record: $5.1 billion in services revenue in Q4.
- 13,000 apps on the Watch App Store—1,300 of them are native.
- 40 million Apple News users.
- Over 15 million individual and family accounts using Apple Music, 6.5 million are paid accounts.
- 61% of eligible devices are on iOS 9.
- More than 50 companies are working on HomeKit-enabled accessories.
- Cook: “Apple had a huge first day of sales for the fourth-generation Apple TV.”
- iPad Pro is on track to begin shipping in November.
- iPad currently has 73% share of $200+ US tablet market.
If you want to listen to today’s earnings call, a replay will be available here for a limited time.