updated 04:45 pm EDT, Tue October 18, 2011
Rides on 17.07M iPhones, 11.12M iPads
Apple today revealed the results for its fiscal fourth quarter, which ended on September 24th. The company generated $28.27 billion in revenue, generating a net profit of $6.62 billion, or $7.05 per diluted share. The company contrasts the figures with Q4 2010, when it pulled in $20.34 billion with a profit of $4.31 billion, or $4.64 per share. Gross margin rose from 36.9 percent to 40.3; about 63 percent of revenue came from outside the US. In all the company says it achieved its highest revenue and earnings ever for a September quarter.
The company grew iPhone sales 21 percent year-over-year to 17.07 million units, while iPad sales jumped a massive 166 percent, hitting 11.12 million. Mac sales were also healthy, increasing 26 percent to 4.89 million. iPods sales suffered a significant decline, dropping 27 percent to 6.62 million units.
"We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion," reads a prepared statement by Apple CEO Tim Cook. "Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline."
Also included in Apple's announcement is a quote from CFO Peter Oppenheimer. "We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter," he writes.
The company is set to hold a conference call on the data at 5PM Eastern, or 2PM Pacific time.