Apple beats estimates with Q4 earnings: $46.33 billion in revenue, net profit of $13.06 billion
Apple just announced its earnings for the fourth quarter of the year, and it’s once again beaten estimates. The company reported earnings of $13.87 a share, a total of $46.33 billion in revenue, and a net profit of $13.06 billion. As for the sales breakdown, Apple says it sold a whopping 37 million iPhones in the quarter, as well as 15.4 million iPads, and 5.2 million Macs representing a 154 percent, 111 percent, and 26 percent increase from last year, respectively. In addition to that, it looks like 53 percent of Apple’s revenue this quarter came from the iPhone. Pretty insane.