Apple Q4 revenue at USD 62.9 billion, cash on hand USD 237.1 billion

Apple sold 46.89 million iPhones (it sold 41.3 million units in fiscal Q3), 9.69 million iPads and 5.29 million Macs in the fiscal fourth quarter. The revenue was up 20 per cent from the year-ago quarter while international sales accounted for 61 per cent of the quarter’s revenue, the Cupertino-based company said.

“We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO.

“Over the past two months, we’ve delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems,” he added.

Services revenue reached an all-time high of $10 billion. “We concluded a record year with our best September quarter ever, growing double digits in every geographic segment,” said Luca Maestri, Apple’s CFO.

“We generated $19.5 billion in operating cash flow and returned over $23 billion to shareholders in dividends and share repurchases in the September quarter, bringing total capital returned in fiscal 2018 to almost $90 billion.”

Apple aims for revenue between $89-$93 billion for its fiscal 2019 first quarter.