“CUPERTINO, California—April 27, 2015—Apple® today announced financial results for its fiscal 2015 second quarter ended March 28, 2015. The Company posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion, or $2.33 per diluted share. These results compare to revenue of $45.6 billion and net profit of $10.2 billion, or $1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent compared to 39.3 percent in the year-ago quarter. International sales accounted for 69 percent of the quarter’s revenue.
Apple is providing the following guidance for its fiscal 2015 third quarter:
revenue between $46 billion and $48 billion
gross margin between 38.5 percent and 39.5 percent
operating expenses between $5.65 billion and $5.75 billion
other income/(expense) of $350 million
tax rate of 26.3 percent”
How long can this go on for? Astonishing numbers…