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Apple Reports Fourth Quarter Results; iPhone Sales Grow 26 Percent to Set New September Quarter Record

Apple today announced financial results for its fiscal 2013 fourth quarter ended September 28, 2013. The Company posted quarterly revenue of $37.5 billion and quarterly net profit of $7.5 billion, or $8.26 per diluted share. These results compare to revenue of $36 billion and net profit of $8.2 billion, or $8.67 per diluted share, in the year-ago quarter. Gross margin was 37 percent compared to 40 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue. The Company sold 33.8 million iPhones, a record for the September quarter, compared to 26.9 million in the year-ago quarter. Apple also sold 14.1 million iPads during the quarter, compared to 14 million in the year-ago quarter. The Company sold 4.6 million Macs, compared to 4.9 million in the year-ago quarter.

Introducing the All-New Mac Pro — The Most Radical Mac Ever

Apple today launched the all-new Mac Pro. Designed around an innovative unified thermal core, the Mac Pro features the latest Intel Xeon processors with up to 12 cores, dual workstation-class GPUs, six Thunderbolt 2 ports, PCIe-based flash storage and ultra-fast ECC memory. Packing amazing performance in a stunning new design, the all-new Mac Pro starts at $2,999 (US) and will be available in December. “The new Mac Pro is our vision for the future of the pro desktop, everything about it has been reimagined and there has never been anything like it,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing.

Apple Introduces Next-Generation iWork and iLife Apps for OS X and iOS

Apple today announced that its groundbreaking iWork productivity apps and award-winning iLife creativity apps have been completely redesigned to take full advantage of OS X Mavericks and iOS 7. Pages, Numbers, Keynote, iPhoto, iMovie, and GarageBand have been updated to 64-bit, include iCloud integration, and are loaded with hundreds of new features that let you do more than ever across your Apple devices. In addition, iWork and iLife are now free with the purchase of every new Mac or iOS device. “This is the biggest day for apps in Apple’s history,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “These new versions deliver seamless experiences across devices that you can’t find anywhere else and are packed with great features like iMovie Theater, Drummer and a new unified file format for iWork documents across all your devices.”