Apple Sells Almost $20 Billion Worth of iPhones

Earlier today Apple announced quarterly earnings. Gross revenue was $37.5 billion vs. $35.9 billion last year. The company generally beat expectations on revenue, earnings per share and iPhone sales. Mac sales were in line with expectations. However, iPad unit sales came in slightly lower than anticipated. Here are the top-line figures from the release:
  • Revenue: $37.5 billion (vs. expectations of $36.8 billion)
  • iPhone sales: 33.8 million units (expectations: 31 million)
  • iPad: 14.1 million (slightly less than expected)
  • iPods: 3.5 million
  • Mac sales: 4.6 million
  • Margin: 37%
Regionally Americas sales rose only 1% year over year. Europe was flat. China was up 6% and Japan was up 41%. Here are the revenue numbers by product:
  • iPhones: $19.5 billion (52% of total revenue)
  • iPads: $6.2 billion
  • Macs: $5.6 billion
  • iTunes/software $4.3 billion
  • iPods: $573 million
According to Localytics the following is the global breakdown of iPhones in market: