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Apple Q4 2015 earnings: 48 million iPhones sold

by Todd Haselton | October 27, 2015October 27, 2015 1:33 pm PST

iPhone 6s Plus vs iPhone 6 Plus-5

Apple just released its fiscal fourth quarter 2015 earnings. Apple reported an EPS of $1.96 on revenue of $51.5 billion, beating analyst expectations on both fronts.

Wall Street analysts were calling for record sales of iPhones, estimating 48.5 million units sold. Apple sold 48.05 million iPhones — missing on that front — 9.88 million iPads — below expectations of 10.2 million units — and 5.71 million Macs, which beat expectations. By comparison, in fiscal Q4 2014, Apple sold 39.3 million iPhones, 12.2 million iPads and 5.52 million Mac computers, so it improved in every area except iPad sales year-on-year.

Also, keep in mind Apple posted a Q3 record when it sold 47.5 million iPhone units, so analysts already had bullish outlook for the company and its new iPhone 6s and iPhone 6s Plus going into earnings. It looks like they were right to, since Apple also published a record fiscal fourth quarter.

“The growth was fueled by record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services,” Apple said.

Wall Street seems pleased with the figures so far; shares of Apple are currently treading up a hair over 2 percent at $116.80. Apple closed Tuesday at $114.55.

Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...