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Apple sells another 48m iPhones in Q4

"Record fourth quarter sales of iPhone" helped push net income to $11.1 billion

Apple has announced its fourth quarter fiscal results for the period ended September 26, 2015, and thanks to "record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services," the company posted a net profit of $11.1 billion on revenues of $51.5 billion.

Of note for mobile iOS developers, Apple just sold another 48 million units of the iPhone, further expanding that addressable audience. The iPad, meanwhile sold 9.88 million units, which represented a 20 percent decline.

"Fiscal 2015 was Apple's most successful year ever, with revenue growing 28 percent to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it's a testament to the tremendous execution by our teams," said Tim Cook, Apple's CEO. "We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week."

Shareholders should also be aware that Apple's board of directors declared a cash dividend of $.52 per share, to be payable on November 12, 2015, to shareholders of record as of the close of business on November 9, 2015.

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James Brightman

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James Brightman has been covering the games industry since 2003 and has been an avid gamer since the days of Atari and Intellivision. He was previously EIC and co-founder of IndustryGamers and spent several years leading GameDaily Biz at AOL prior to that.

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