Apple Sold 74.5M iPhones, Microsoft Sold 10.5M Lumia Phones this Quarter
Apple and Microsoft released the financial results for the quarter that ended this December. By looking at the financial results for Apple’s fiscal 2015 first quarter ended December 27, 2014, we notice that the company sold a record 74.5 million iPhones.
And by looking at the financial results for Microsoft’s second quarter ended December 31, 2014, we notice that the company sold 10.5 million Lumia phones.
Apple – A Record Quarter (Again)
Apple always reports stellar financial results and record quarterly results. It comes as no surprise then that the company’s fiscal 2015 first quarter is a record one. Here’s a quick look:
“Our exceptional results produced EPS growth of 48 percent over last year, and $33.7 billion in operating cash flow during the quarter, an all-time record,” said Luca Maestri, Apple’s CFO. “We spent over $8 billion on our capital return program, bringing total returns to investors to almost $103 billion, over $57 billion of which occurred in just the last 12 months.”
Microsoft – A Strong Quarter for Commercial Cloud Revenue
Microsoft’s fiscal second quarter was great for commercial revenue – it grew triple-digits for the sixth consecutive quarter. Here are the main highlights from Microsoft’s quarterly results:
“Microsoft is continuing to transform, executing against our strategic priorities and extending our cloud leadership,” said Satya Nadella, chief executive officer of Microsoft. “We are taking bold steps forward across our business, and specifically with Windows 10, to deliver new experiences, new categories, and new opportunities to our customers.”
“We remain disciplined in our approach to operational and execution excellence, balanced with investments that drive meaningful growth for the business while increasing capital return to shareholders,” said Amy Hood, executive vice president and chief financial officer of Microsoft.
Additional information about Apple’s quarterly results is available here.
Additional information about Microsoft’s quarterly results is available here.
And by looking at the financial results for Microsoft’s second quarter ended December 31, 2014, we notice that the company sold 10.5 million Lumia phones.
Apple – A Record Quarter (Again)
Apple always reports stellar financial results and record quarterly results. It comes as no surprise then that the company’s fiscal 2015 first quarter is a record one. Here’s a quick look:
- Quarterly revenue – $74.6 billion ($57.6 billion in the year-ago quarter).
- Quarterly net profit – $18 billion or $3.06 per diluted share (($13.1 billion or $2.07 per diluted share in the year-ago quarter).
- Gross margin – 39.9% (37.9% in the year-ago quarter).
- iPhone Sales – record 74.5 million units sold.
“Our exceptional results produced EPS growth of 48 percent over last year, and $33.7 billion in operating cash flow during the quarter, an all-time record,” said Luca Maestri, Apple’s CFO. “We spent over $8 billion on our capital return program, bringing total returns to investors to almost $103 billion, over $57 billion of which occurred in just the last 12 months.”
Microsoft – A Strong Quarter for Commercial Cloud Revenue
Microsoft’s fiscal second quarter was great for commercial revenue – it grew triple-digits for the sixth consecutive quarter. Here are the main highlights from Microsoft’s quarterly results:
- Quarterly revenue – $26.5 billion.
- Gross margin – $16.3 billion.
- Operating income – $7.8 billion.
- Diluted earnings per share – $0.71 per share.
“Microsoft is continuing to transform, executing against our strategic priorities and extending our cloud leadership,” said Satya Nadella, chief executive officer of Microsoft. “We are taking bold steps forward across our business, and specifically with Windows 10, to deliver new experiences, new categories, and new opportunities to our customers.”
“We remain disciplined in our approach to operational and execution excellence, balanced with investments that drive meaningful growth for the business while increasing capital return to shareholders,” said Amy Hood, executive vice president and chief financial officer of Microsoft.
Additional information about Apple’s quarterly results is available here.
Additional information about Microsoft’s quarterly results is available here.
