Apple has just revealed its financial results for the fiscal third quarter 2016, completed on June 25.
The company released a revenue of $ 42.4 billion in the period, with profit of $ 7.8 billion or $ 1.42 put in thin. The results compare to US $ 49.6 billion, US $ 10.7 billion and US $ 1.85 respectively in the same quarter of 2015.
Gross margin in the period was 38%, against 39.7% a year ago. International sales comprised 63% of all quarterly billing. The numbers were in line with the predictions given by Apple in its past results.
Here are the sales figures:
- iPhone: 40.4 million units (-15%), $ 24 billion in revenue (-23%)
- iPad: 10 million units (-9%), $ 4.9 billion in revenue (+ 7%)
- Mac: 4.3 million units (-11%), $ 5.2 billion in revenue (-13%)
- Services: $ 6 billion in revenue (+ 19%)
- Others: $ 2.2 billion in revenue (-16%)
Statement by the executive director (CEO) Tim Cook:
We are very pleased to announce third quarter results that reflect strong consumer demand and business performance which we anticipate at the beginning of the quarter. We had a very successful launch of the iPhone SE and are happy with the response from customers and developers to the software and services we presented at WWDC in June.
And that of the CFO Luca Maestri:
Our Services business grew 19% year-over-year and App Store revenue was the highest in history, as our installed base continued to grow and our paying consumers reached a new historic record. We returned more than $ 13 billion to investors through repurchasing shares and dividends, and now conclude nearly $ 177 of the $ 250 billion in our capital return program.
Looking ahead to the fourth fiscal quarter of 2016, Apple predicts revenue between $ 45.5 and $ 47.5 billion, a gross margin of between 37.5% and 38%, operating expenses between $ 6.05 and $ 6, 15 billion, other income / (expenses) of $ 350 million, and a tax rate of 25.5%.
Apple's board of directors declared a cash dividend of $ 0.57 per share of the company, payable on August 31, 2016 to all shareholders registered at the end of the trading session on August 8, 2016.
In a little while, at 6 pm (at the time of Braslia), Apple will hold a live conference via audio to address these numbers and answer questions from journalists. We will later have complete coverage with highlights of what is discussed there, here in .
Update · 06/26/2016 s 17:46
By the way, Wall Street welcomed Apple's numbers. In the NASDAQ post-closing negotiations, AAPL is now rising more than 5%.