IPhones dial in larger Apple profit in fourth quarter<article>
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Apple’s iPad shipments declined, but strong iPhone 6 and 6 Plus sales buoyed the company’s profit in its fourth quarter for fiscal 2014.</p><p>
Apple’s net profit was US$8.5 billion during the quarter, up from $7.5 billion in the same quarter one year ago, the company said on Monday.</p><p>
Revenue was $42.1 billion for the quarter ending on Sept. 27, growing from $37.5 billion in the same quarter last year. Analysts polled by Thomson Reuters expected revenue of $39.88 billion for the quarter.</p><p>
IPhone shipments were 39.27 million units in the fourth quarter, increasing from 33.8 million units in same quarter last year. IPad shipments were 12.3 million, falling from 14.08 million units a year ago. Mac shipments totaled 5.5 million units, compared to 4.58 million units during the year-ago quarter.</p><p class="jumpTag"><a href="/article/2836352/iphones-dial-in-larger-apple-profit-in-fourth-quarter.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
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IPhones dial in larger Apple profit in fourth quarter
