The Apple iPhone is the full and flies. Cupertino closed the fourth quarter of the fiscal year with record numbers: Net profit rose 13% to $ 8.5 billion on revenues up 12% to 42.12 billion dollars.
And all awaiting the landing of the Apple Watch, next year. Apple presents the results on the day of the launch of Apple Pay, the system which – according to some observers – will revolutionize the payments to retire the credit card plastic. “Our fiscal year 2014 is a year of records, including the biggest iPhone launch ever, with iPhone 6 and iPhone 6 Plus”, says the CEO of Apple, Tim Cook.
“We are entering in the Christmas season with the range of products stronger than ever, with incredible innovations in our new iPhone, iPad and Mac in, as well as in iOS and OS X 8 Yosemite. We are incredibly excited about the Apple Watch and other exceptional products and services planned for 2015. “
” Our strong business performance were the basis of a 20% increase in our earnings per share and a record cash flow from operations of $ 13.3 billion in the September quarter, “highlights Luca Maestri, the chief financial officer of Apple. “We have continued to work aggressively on our program of return of capital, spending more than $ 20 billion in the quarter, bringing the total amount of the return of share capital to 94 billion dollars.”
L ‘iPhone remains the engine of growth for Apple. “The demand for new models is astounding,” states Cook. “We knew it would be a good product, but it is selling faster than we thought,” admitted Cook, adding that the demand for iPhone 6 and iPhone 6 iPhone 5S Plus exceeds that of last year in all markets in which the new iPhone are available.
The boom iPhone compares with the slowdown of the ‘iPad sold in the fourth quarter to 12.3 million units, below analysts’ expectations betting on 13100000. With smartphones becoming larger and lighter laptops, the tablet market is shrinking. Apple last week introduced its new line of iPad.
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