Apple recently announced financial results for the fourth quarter of its 2015 fiscal year which ended on September 26. In the press release posted online, we learn that “Fiscal year 2015 was the best year in Apple’s history, with sales up 28% to around $ 234 billion.”
The Cupertino company posted quarterly sales of $ 51.5 billion and quarterly net earnings of $ 11.1 billion, or $ 1.96 per diluted share. The gross margin generated represented 39.9% of this turnover, and international sales represented 62% of the total turnover for the quarter.
Apple CEO Tim Cook said: “This uninterrupted success is the result of our commitment to create the best and most innovative products in the world and testifies to the incredible achievements of our teams. We are going to approach the holidays with our best range of products to date, consisting of the iPhone 6s and iPhone 6s Plus, the Apple Watch with an expanded range of cases and straps, the new iPad Pro and the all-new Apple TV, launched this week”.
The targets provided by Apple for the first quarter of fiscal year 2016 are revenue between $ 75.5 billion and $ 77.5 billion, gross margin between 39% and 40%, expenses operating between $ 6.3 billion and $ 6.4 billion, other income / (expenses) of $ 400 million and a tax rate of 26.2%.