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Apple posts annual earnings of $53.4 bn

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9 years ago

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San Francisco: Technology giant Apple has announced a profit of $11.12 billion for the last fiscal quarter and posted earnings of $53.4 billion for the entire year.

Figures for the last quarter show gains of $1.96 per share, 31 percent higher than the same period last year, and above the $1.88 mark pegged by market consensus, as per reported.

Profits over the entire year shot up by 35 percent, the tech giant said on Tuesday.

The company, headquartered at Cupertino in California, also announced revenues amounting to $51.5 billion in the last quarter, as compared to $42.12 billion of the previous year, and exceeding analyst forecast of $51.1 billion.

Sales during the whole year totalled $233.7 billion.

The company sold 48.04 million iPhones in its fourth quarter, which ended September 26, while last year’s figure stood at more than 39.27 million.

In China, one of Apple’s fastest growing markets, sales nearly doubled to $12.5 billion, representing almost one-third of the total revenue.

The gross profit percentage stood at 39.9 percent in the indicated quarter.

Apple CEO Tim Cook said on Tuesday that he hoped sales of the iPhone, will continue to climb in the current quarter too.

Apple had registered record smart phone sales to the tune of $74.46 million in the fourth quarter of 2014.

The company, which has been under fire for poor work conditions in the manufacturing plants of some of its Chinese suppliers, said it has decided to focus its efforts on being a responsible global company.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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