Apple Reports Record Results for Third Quarter

 Apple has reported record results for their fiscal 2015 third quarter:

Apple today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

Highlights

47.5 million iPhones: The iPhone remains in beast mode— especially in China, where sales were up 87% from the same quarter last year.

10.9 million iPads: Best I can tell, most people buy an iPad and then immediately take a blood oath to never buy another one.

4.9 million Macs: Respect.

2-3 million Apple Watches: Maybe. Apple continues to say they won't break out the numbers in what appears to be a deliberate effort to just really annoy the internet. Still we know that Watch revenue is somewhere north of $952 billion, and that the Watch sold better in June than it did in April and May, so I'm guessing sales are somewhere in "doing ok" territory.

$5.03 Billion in Services Revenue: App Store revenue up 24% versus the quarter last year, so those Kate Upton ads are definitely working.

$49.6 Billion in Total Revenue: That's up 33% year over year— just bonkers for a company with a $754 billion market cap.

More

→ Six Colors has the transcript of Apple's conference call— "‘It’s Tim’: What Apple’s CEO told analysts."

→ Apple Earnings, charted— at MacStories.