New TV products set to swell Apple coffers even more


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| 28 October 2015





There seems no end in sight to Apple's winning streak as the CE giant has reported record fourth quarter results.


ipHoneFor the three-month period ended 26 September, the company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare with revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the quarter a year ago.

The mighty iPhone fueled the performance along with what was reported to be all-time records for Mac sales and revenue from services.

"Fiscal 2015 was Apple's most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it's a testament to the tremendous execution by our teams," said Apple CEO Tim Cook. "We are heading into the holidays with our strongest product line-up yet."

Interestingly, given years of basically ignoring the video industry, Cook added that the soon to be launched next-generation of Apple TV online video devices were expected to make a notable contribution during this