Apple has reported revenue of $37.5 billion with a net profit of $7.5 billion in their earnings for Q4 2013 that ended September 28, 2013. The international sales in this quarter is 60% of the quarter’s revenue. They sold 33.8 million iPhones, 14.1 million iPads and 4.6 million Macs during the quarter. During the conference call Apple CEO Tim Cook said that they have sold 150 million iPhones in the fiscal 2013 and are pleased with the iPhone sales in Russia, India, Middle East, and Latin America.
Apple opened or remodeled 49 new stores and completed 15 strategic acquisitions during the year, one every 3 weeks. It aims to open 30 new stores (2/3 outside of the U.S.) and remodel 20 stores during 2014.The iPhone has seen 26% unit growth over the year-ago quarter. Even though the iPad sales didn’t increase compared to last quarter, the sales almost similar to 14 million in the year-ago quarter. Apple is doing well on supply/demand for the iPhone 5s, but it is on backlog, and the iPad mini Retina would be in huge demand, said the CEO.
Apple’s new iPad mini with Retina display and the iPad Air introduced earlier this month would go on sale on November 1st in several countries starting at $399 and $499 respectively. The first-gen iPad mini now costs $299 in the U.S. The introduction of the new iPhones, iPads and MacBook Pros just in time for the holidays would improve the sales this quarter.