Apple Sells 33.8 Million iPhones in Fiscal Fourth Quarter

Apple’s results for its fiscal fourth quarter are out and, to no one’s surprise, it finished out the fiscal year by maintaining its strong record. The company reported earnings of $8.26 per share on revenue of $37.5 billion, beating analyst expectations of $7.92 per share on revenue of $36.82 billion.

Device sales for the quarter also beat expectations. Apple said that it sold 33.8 million iPhones in the quarter, an increase of 26% from the 26.9 million sold in the same period one year earlier. That number only includes the first week of sales for the new iPhone 5S and iPhone 5C, which Apple previously said sold 9 million in the first three days. The company also sold 14.1 million iPads and 4.6 million Macs during the quarter.

Apple released guidance for the next quarter, calling for revenue of between $55 billion and $58 billion with margin between 36.5% and 37%. The next quarter is set to be another strong one as, in addition to the continued sales of its latest iPhones, Apple will also ship the new iPad Air and iPad Mini with Retina Display.

Looking back at the entire fiscal year, Apple sold around 150 million iPhones and 70 million iPads. It also reported $16 billion in revenue from iTunes and $50 million in revenue from each retail store. The company has $146.8 billion in cash, with 76% of it held offshore.

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