Apple on Tuesday shared financial results for the fiscal third quarter (second calendar quarter) of 2015. During the April to June period, Apple sold 47.5 million iPhones, 10.9 million iPads and 4.8 million Macs.
The Cupertino-based company reported revenue of $49.6 billion with a quarterly net profit of $10.7 billion, or $1.85 per share, compared to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per share, during the year-ago period. Gross margin for the quarter checked in at 39.7 percent, up slightly from 39.4 percent a year earlier.
Apple also announced an upcoming dividend payment of $0.52 per share that’ll be payable on August 13 to shareholders on record as of August 10.
Apple CEO Tim Cook highlighted the fact that iPhone revenue was up 59 percent compared to last year and that the company realized an all-time record revenue from services driven by the App Store. He also added that Apple Music has been “incredible” and that the Apple Watch was off to a great start.
All things considered, it’s another very impressive quarter for Apple. As has been the case in the past, the iPad was the only sore spot on the report with sales declining from 13.3 million units in the year-ago quarter to 10.9 million over the past three months.
Those expecting to see standalone Apple Watch results were sorely disappointed (or perhaps misinformed) as the company previously stated it would be rolling those results into its “other services” category which also includes Beats, iPods and Apple TV. For those curious, that category brought in $2.6 billion in revenue.
Looking ahead, Apple said it predicts revenue of between $49 billion and $51 billion during Q4 2015 with a gross margin of between 38.5 percent and 39.5 percent.