Apple Q4 2013 Earnings Report Released

Liveblog: Apple's Q4 2013 Earnings Call Today at 5 PM

Apple recently disclosed its financial outcomes for the fourth quarter of the fiscal year, which concluded on September 30, 2013. The company reported earnings of $8.26 per share, surpassing the anticipated $7.92 per share forecasted by Wall Street. Here are some additional details:

  • iPad units sold: 14.1 million

    Liveblog: Apple's Q4 2013 Earnings Call Today at 5 PM
  • iPhone units sold: 33.8 million

  • Mac units sold: 4.6 million

  • iPod units sold: 3.5 million

  • Total revenue: $37.5 billion

  • Net profit: $7.5 billion

Further updates will be provided as they become available.

Our liveblog of the Apple earnings call is set to start at approximately 4:55 PM ET today. We invite you to join us for real-time insights and analysis of the proceedings. You can listen in to the earnings call at this link.

Full PR text:

Apple Reports Fourth Quarter Results
iPhone Sales Increase 26% to Set New September Quarter Record

CUPERTINO, California—October 28, 2013—Apple® today announced its financial results for its fiscal 2013 fourth quarter ended September 28, 2013.

The company posted quarterly revenue of $37.5 billion and a net profit of $7.5 billion, or $8.26 per diluted share. These figures compare to revenue of $36 billion and a net profit of $8.2 billion, or $8.67 per diluted share, from the same quarter last year. Gross margin stood at 37 percent, down from 40 percent in the previous year. International sales made up 60 percent of the quarter’s revenue.

The company sold 33.8 million iPhones, setting a new record for the September quarter, up from 26.9 million last year. Apple also sold 14.1 million iPads, slightly up from 14 million the previous year, and 4.6 million Macs, down from 4.9 million.

Apple’s Board of Directors has declared a cash dividend of $3.05 per share of the company’s common stock.

The dividend will be payable on November 14, 2013, to shareholders of record as of November 11, 2013.

“We are thrilled to close out a fantastic year with record fourth quarter revenue, including nearly 34 million iPhone sales,” said Tim Cook, Apple’s CEO. “We are excited for the holiday season with our new iPhone 5c and iPhone 5s, iOS 7, the new iPad mini with Retina Display, and the incredibly thin and light iPad Air, new MacBook Pros, the radical new Mac Pro, OS X Mavericks, and the next generation iWork and iLife apps for OS X and iOS.”

“We generated $9.9 billion in cash flow from operations and returned an additional $7.8 billion in cash to shareholders through dividends and share repurchases during the September quarter, bringing cumulative payments under our capital return program to $36 billion,” said Peter Oppenheimer, Apple’s CFO.

Apple is providing the following guidance for its fiscal 2014 first quarter:
revenue between $55 billion and $58 billion
gross margin between 36.5 percent and 37.5 percent
operating expenses between $4.4 billion and $4.5 billion
other income/(expense) of $200 million
tax rate of 26.25 percent

Apple will provide live streaming of its Q4 2013 financial results conference call beginning at 2:00 p.m. PDT on October 28, 2013 at www.apple.com/quicktime/qtv/earningsq413. This webcast will also be available for replay for approximately two weeks thereafter.

This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), and tax rate. These statements involve risks and uncertainties, and actual results may differ.

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Linda is a dedicated writer for TUAW, bringing insightful and engaging content to Apple enthusiasts. With a deep understanding of Apple products like the iPhone, iPad, and MacBook, Linda offers readers valuable tips, reviews, and news updates. His articles reflect a genuine love for technology and a commitment to keeping the Apple community informed. Linda’s clear and approachable writing style makes complex topics accessible, ensuring that every reader can stay up-to-date with the latest in the Apple world.