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Apple Q4 2014 Results: $42.1 Billion Revenue, 39.3 Million iPhones, 12.3 Million iPads Sold

Apple has published their Q4 2014 financial results for the quarter that ended September 27, 2014. The company posted revenue of $42.1 billion. The company sold 12.3 million iPads, 39.3 million iPhones, and 5.5 million Macs, earning a quarterly net profit of $8.5 billion.

“Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus,” said Tim Cook, Apple’s CEO. “With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.”

A new 'Other' category for Apple Watch in 2015

As noted by Bloomberg, starting next year, Apple will create a new 'Other' category for their financial results which will combine the sales of the new Apple Watch, iPod, Apple TV, Beats products and other accessories. The move will make it difficult to break out exact sales figures for the Apple Watch and is also different to how Apple treated the iPhone and iPad which from the first quarter received their own category.

“This gives Apple cover for the early months of Apple Watch sales at least,” said Jan Dawson, chief analyst and founder of Jackdaw Research. “If they’re low, the results will be buried with other product sales and hard for analysts to back out. But if they’re good, then Apple can still crow about them and split out results on an ad-hoc basis.” (via Bloomberg)

 

Notably, Apple's gross margin was slightly higher at 38%, compared to 37% in the year-ago quarter. International sales also accounted for 60% of all Apple's revenue. You can see all our usual earnings call charts below.

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Apple Releases iOS 8.1 – Here’s What’s New

Following an official announcement at a media event last week, Apple today released iOS 8.1, the first major update to iOS 8, which was originally launched in September.

As Apple's Craig Federighi noted last week, Apple uses the launch of major new versions of iOS to collect “feedback” and quickly release bug fixes, address questions and concerns, and ship improvements that didn't make the cut for the first release.

iOS 8.1 brings bug fixes, speed improvements, and interface changes, but it also enables Continuity features such as Text Message Forwarding and Instant Hotspot, allowing iOS devices to better integrate with each other and Macs running OS X Yosemite. With iOS 8.1, Apple is opening access to its iCloud Photo Library beta – an iCloud service that stores all your photos from all your devices, in a single library that relays changes to every device. And last, iOS 8.1 marks the debut of Apple Pay, the company's new payment service that rolls out in the US today.

iOS 8.1 is available through Software Update now. You can find a list of the most notable changes below; you can read our previous iOS 8 coverage here.

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Adobe Releases Aperture Import Tool for Lightroom

MacRumors:

The free plugin, which can be downloaded from Adobe's site, will make it simple for Aperture users to migrate their libraries into Lightroom, a task that takes quite a bit of time to do manually. It is available only for Mac users and requires Lightroom 5.6 or later.

Using the plugin, Aperture users can import the following data into Lightroom: Flags, Star Ratings, Keywords, GPS Data, Rejects, Hidden Files, Color Labels, Stacks, and Face Tags. Color Labels, Stacks, and Face Tags are imported as Lightroom keywords, and because adjustments to photos made in Aperture can't be read into Lightroom, the tool will import both original images and copies of images with adjustments applied.

This plugin should make life considerably easier for those wanting to migrate from Aperture (which has been discontinued by Apple) to Adobe's Lightroom. Keep in mind that this plugin does require a subscription to Adobe's Creative Cloud, which starts at $9.99.

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The 27-inch iMac with Retina 5K Display

At Apple's media event yesterday, Apple unveiled a new high-end iMac that includes a Retina 5K display. Starting at US$2499 it includes the 5K display with a resolution of 5120x2880, a 3.5GHz quad-core Intel Core i5 processor, 8GB RAM, 1TB Fusion Drive and an AMD Radeon R9 M290X graphics processor with 2GB of GDDR5 memory. In every other respect, the iMac is identical to its non-Retina version, still tapering off to the sides with an edge of just 5mm.

“Thirty years after the first Mac changed the world, the new iMac with Retina 5K display running OS X Yosemite is the most insanely great Mac we have ever made,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “With a breathtaking 14.7 million pixel display, faster CPU and graphics, Fusion Drive, and Thunderbolt 2, it’s the most beautiful and powerful iMac ever.”

The Retina iMac can be further upgraded to a 4GHz quad-core Intel Core i7, 32GB of RAM a 3TB Fusion Drive or 1TB SSD and an AMD Radeon R9 M295X with 4GB of GDDR5 memory.

Apple's website explains the interesting technical features that allow the iMac to have a 5K display, including a custom timing controller, Oxide TFT and highly efficient LEDs. Because there are nearly 15 million pixels, Apple developed its own timing controller that has four times the bandwidth of the previous generation 27-inch iMac.  The Oxide thin film transistor (TFT) provides the electrical charge to each pixel and does so more precisely and quicker than other technologies - and is even more energy efficient. Apple have also used more efficient LEDs which has actually enabled them to power four times the number of pixels with 30 percent less power.

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The Numbers From Apple’s October 16 Event

Photo courtesy of Jason Snell at Six Colors.

Every year, Apple kicks off their product presentations with a “state of the business” introduction that, with various numbers and facts, reveals how the company is doing in several areas such as retail, the App Store, iOS device sales and software upgrades, and Mac sales.

At today’s media event in Cupertino, Apple CEO Tim Cook shared only a few details about the launch of new iPhones, but the company still revealed some interesting numbers and statistics throughout the keynote.

  • 48% of customers have already updated to iOS 8 after 4 weeks; 46% of them remain on iOS 7, and 6% on "other" versions of iOS.
  • Another 500 banks have confirmed they will support Apple Pay.
  • More than a million members of the Mac community signed up for the Yosemite public beta.
  • 225 million iPads have been sold to date.
  • 675,000 apps have been created specifically for the iPad.
  • The new iPad Air 2 is 6.1 mm thin; 18% thinner than the first iPad Air.
  • The new A8X chip of the iPad Air 2 has a 40% faster CPU, 2.5x faster GPU.
  • The Mac's line has been growing 18% year-over-year.
  • The iMac's new Retina 5K display has 67% more pixels than 4K.

For more coverage, check out our October 16 news hub and follow @macstoriesnet on Twitter.


Apple Updates the Mac mini with Faster Processors, Thunderbolt Ports

Photo courtesy of Jason Snell at Six Colors.

At its media event held earlier today in Cupertino, Apple announced an update to its Mac mini line.

“People love Mac mini. It’s a great first Mac or addition to your home network, and the new Mac mini is a nice upgrade packed into an incredibly compact design,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “With the latest CPU and graphics, faster Wi-Fi, two Thunderbolt 2 ports, OS X Yosemite, and starting at just $499, the new Mac mini is the best value ever.”

Described by Phil Schiller's as "the world's most efficient" desktop computer, the new Mac mini comes with two Thunderbolt 2 ports, new fourth generation Intel Core processors,  and 802.11ac WiFi. Packing an "entire Mac experience" in a small  7.7-inch-square frame, the new Mac mini will come pre-installed with OS X Yosemite and also offer four USB 3 ports.

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Apple Announces OS X Yosemite Launching Today

At a media event held in Cupertino, California, Apple announced that the next major version of OS X, Yosemite, will be released later today.

Introduced at WWDC in June, OS X Yosemite (version 10.10 of Apple's desktop operating system) brings a complete redesign, updates to core apps such as Safari and Mail, and better integration with iOS devices thanks to Handoff and Continuity. Alongside an elegant design that prioritizes content, Yosemite will feature an updated Spotlight with rich inline previews, a revamped Notification Center with widgets (also available in iOS 8) and iCloud Drive, a new unified folder to manage all documents stored in iCloud.

OS X Yosemite will be a free update and available through the Mac App Store.

For more coverage, check out our October 16 news hub and follow @macstoriesnet on Twitter.


Apple: iPhone 6 & iPhone 6 Plus Arrive in 36 More Countries and Territories This Month

Apple today issued a press release, noting that the iPhone 6 and iPhone 6 Plus will launch in another 36 countries this month. That will make the iPhone available in 69 countries by the end of the month, with 115 countries expected to get the new iPhones by the end of the year. According to Apple this will be the fastest iPhone rollout ever.

The countries getting the iPhone 6 and iPhone 6 Plus this month are as follows:

  • Friday, October 17: China, India and Monaco
  • Thursday, October 23: Israel
  • Friday, October 24: Czech Republic, French West Indies, Greenland, Malta, Poland, Reunion Island and South Africa
  • Thursday, October 30: Bahrain and Kuwait
  • Friday, October 31: Albania, Bosnia, Croatia, Estonia, Greece, Guam, Hungary, Iceland, Kosovo, Latvia, Lithuania, Macau, Macedonia, Mexico, Moldova, Montenegro, Serbia, South Korea, Romania, Slovakia, Slovenia, Ukraine and Thailand

As you can see from the below chart, the claim that this is the "fastest iPhone rollout ever" depends on which point you judge it. As of today (day 34) it is not the fastest rollout, but by the end of this month (day 52) and end of this year, it is.

Diagonal lines indicate that exact launch rollouts are not known, but the general projection is known (ie. 115 countries by the end of the year)

Diagonal lines indicate that exact launch rollouts are not known, but the general projection is known (ie. 115 countries by the end of the year)