Apple announces record quarterly revenue of $ 74.6 billion, 74.5 million iPhones sold

Announced Apple today announced financial results for its fiscal 2015 first quarter ended December 27, 2014. The Company posted quarterly revenue record of $ 74.6 billion and record quarterly net profit of $ 18 billion, or $ 3.06 per diluted share. These results compare to revenue of $ 57.6 billion and a net profit of $ 13.1 billion, or $ 2.07 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared with 37.9 percent in the year-ago quarter. International sales accounted for 65 percent of revenues for the quarter.

The results were driven by record high sales revenue iPhone and Mac, and record performance from the App Store. sales of 74.5 million iPhone units also set a new record.

"We would like to thank our customers for an amazing quarter, which saw demand for Apple products soar to its highest point," said Tim Cook, Apple's CEO. "Our revenues grew 30 percent over last year to $ 74.6 billion, and execution by our teams to achieve these results was just phenomenal."
"Our outstanding results produce EPS growth of 48 percent over last year and $ 33.7 billion in operating cash flow during the quarter, a record of all time," said Luca Maestri, Apple's CFO. "We spent more than $ 8 million in our capital return program, bringing total returns for investors nearly $ 103 billion, more than $ 57 billion of which occurred in just the past 12 months . "

Apple is providing the following guidance for its fiscal 2015 second quarter:

● revenues between $ 52 billion and $ 55 billion

● gross margin between 38.5 percent and 39.5 percent

● operating expenses between $ 5.4 billion and $ 5.5 billion

● Other income / (expense) $ 350 million

● tax rate of 26.3 percent

Apple's Board of Directors has declared a cash dividend of $ 0.47 per share of common stock of the Company. The dividend is payable on February 12, 2015, to shareholders of record at the close of business on February 9, 2015.

Apple is celebrating its FY 15 first quarter conference call at 2:00 pm PST / 5: 00 pm EST today. Can tune here . We leave all interested event is disclosed during the call.