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Apple reports $64 billion in revenues, $14.1 billion profit, for Q4 2019 earnings statement

Apple on Wednesday submitted its fiscal fourth quarter results, complete with record revenues of $64 billion and a profit of $14.1 billion for the quarter.

“We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” Apple CEO Tim Cook said in a statement. “With customers and reviewers raving about the new generation of iPhones, today’s debut of new, noise-cancelling AirPods Pro, the hotly-anticipated arrival of Apple TV+ just two days away, and our best lineup of products and services ever, we’re very optimistic about what the holiday quarter has in store.”

Apple CFO Luca Maestri cited the company’s operating cash flow of $19.9 billion, Apple having returned “over $21 billion to shareholders, including almost $18 billion in share repurchases and $3.5 billion in dividends and equivalents, as we continue on our path to reaching a net cash neutral position over time.”

While Apple didn’t cite specific unit sales for specific products, it reported earnings for the following categories:

  • $33.36 billion: iPhone
  • $12.5 billion: Services
  • $6.99 billion: Mac
  • $6.52 billion: Wearables, Home, and Accessories
  • $4.66 billion: iPad

The earnings also include new products such as the Apple Card, which debuted in the past month.

As always, stay tuned for additional details as they become available.

Via The Mac Observer and 9to5Mac