Apple closed its last fiscal year with net profit of $93.736 million (86,475 million euros), down 3.3% compared to the previous financial year. The iPhone manufacturer has thus accumulated two consecutive years of declining profits, this time due to the fine imposed in the European Union (EU) for the tax advantages enjoyed by the multinational in Ireland.
In fact, the result obtained between July and September, the fourth fiscal quarter of the technology giant, shows a net profit of 14.736 million dollars (13.594 million euros), which represents 35.8% less than that recorded by Apple in the same period of the previous year.
According to Europa Press, the Court of Justice of the European Union (CJEU) last September confirmed Apple’s obligation to return billions of euros – plus interest – to illegal tax assistance from which he benefited for years thanks to the special regime offered to him by Ireland.
On the other hand, Apple’s sales in its last fiscal year as a whole rose 2% year-over-yearto 391,035 million dollars (360,745 million euros), including a record quarterly turnover of 94,930 million dollars (87,577 million euros) in the fourth fiscal quarter, or 6% more than a year ago.
“Today, Apple announced a new revenue record during the quarter that ended this September,” celebrated Tim Cook, CEO of Apple.
Devices
Regarding the different devices sold by Apple, the company indicated that iPhone sales brought in revenue of $46.222 million (42,642 million euros) over the quarter, 5.5% more than a year earlier, and 201,183 million dollars (185,599 million euros) over the whole year, 0.3 % moreover.
In the case of iPad quarterly sales totaled $6.95 billion (6,411 million euros) and a total of 26,694 million dollars (27,661 million euros) over the year. This represents a year-on-year increase of 7.9% over the quarter, but a decline of 5.7% over the year.
On your side, Mac sales between July and September increased by 1.7%, up to 7.744 million dollars (7.144 million euros), while throughout the year they increased by 2.1%, up to 29.984 million dollars (27.661 million euros) .
Furthermore, Marketing of services brought Apple revenue of $24.972 million (23,038 million euros) over the quarter, or 11.9% more, and 96,169 million dollars (88,720 million euros) over the whole year, or 12.9% more . Accessories sales totaled $9.042 million (€8.342 million) in the fourth quarter, down 3%, and totaled $37.005 million (€34.138 million) for the entire quarter. year, with an annual decline of 7.1%.
iPhone 16 and iPhone 16 Pro Max
Omicrono
“Our record trading results in the September quarter generated operating cash flow of nearly $27 billion (24.909 million euros), which allowed us to return more than 29.000 million dollars (26.754 million euros) to our shareholders,” said Luca Maestri, Apple’s chief financial officer, who will leave on January 1 position he had held for ten years.
In this sense, at the end of last August, Apple announced that from January 2025, the new manager of its accounts would be Kevan Parekhcurrent vice president of financial planning and analysis at Apple.
