Apple announces financial results for Q1 2015

Apple money - iDevice.roJust a few tens of minutes ago, the Apple company announced new record financial results for a fiscal quarter at the beginning of the year, those from Cupertino recording an increase in sales of iPhone or Mac terminals. Apple announced in Q1 2015, Q2 2015 for its fiscal year, revenues of 58 billion dollars, 27% higher than those recorded in the same period last year, and this says a lot about its evolution.

Now Tim Cook and other members of Apple's management team discuss the company's financial results, below are the main points of interest from what they announce:

  • The App Store generated a 29% increase compared to the same period last year;
  • All of Apple's Internet services generated more than $5 billion;
  • China is, after the USA, the second most important revenue-generating market, surpassing Europe for the first time;
  • Apple confirms investments of 2 billion dollars to build its most data centers in Europe;
  • Apple created over 670.000 jobs in Europe;
  • The App Store has generated over 7.5 billion dollars for European application developers in 7 years;
  • More than 1000 applications with integrated HealthKit have been launched;
  • Over 3500 applications for Apple Watch are available;
  • China generated 16.8 billion dollars, 71% more than in the same period last year;
  • The increase in sales of iPhone terminals is placed at 40%;
  • The average selling price of the iPhone is $659;
  • Sales of iPhone terminals have doubled in multiple Asian countries, including South Korea and Japan;
  • iPad tablet sales set records in Japan and China;
  • Traffic in Apple Stores increased by 22% compared to the same period last year;
  • Apple has 193 billion dollars in its monetary reserve, 15.6 billion more than in the previous fiscal quarter;
  • 171 billion dollars of the total are outside the USA;
  • Apple spent over $112 billion in share buybacks;
  • Apple pays over $11 billion annually in dividends.