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Apple tops estimates with $51.5 billion in revenue in Q4

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Apple raked in the cash last quarter.
Apple raked in the cash last quarter.
Photo: Jim Merithew/Cult of Mac

Apple’s earnings barely beat Wall Street’s expectations for fourth-quarter revenue thanks to strong sales of the iPhone 6s and iPhone 6s Plus, which helped the company bring in $51.5 billion and quarterly net profit of $11.1 billion

The iPhone 6s and iPhone 6s Plus set a new launch weekend record of 13 million units sold, helping Apple finish the quarter with 48.5 million units sold. 2015 was Apple’s most successful financial year ever, leading Tim Cook to call it a “testament to the tremendous execution by our teams.”

Liveblog: Apple’s monstrous Q4 earnings call

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Tim would rather you not ask about taxes.
Tim would rather you not ask about taxes.
Photo: Jim Merithew/Cult of Mac

Apple is ready to report its financial results for Q4 2015 to this afternoon and, as usual, investors are expecting it to be another record-breaker.

Cult of Mac will be here to liveblog all the action, from the numbers down to the analysts’ questions. iPhone 6s sales will loom large on the minds of investors who have been leery that demand might be waning. Revenues are expected to top $51 billion, but with China’s economy slumping, we wouldn’t be shocked if Wall Street isn’t thrilled with the numbers.

Tim Cook or CFO Luca Maestri will kick off at 2 p.m. Pacific, but we’ll be jumping on the liveblogging party early with a breakdown of all the numbers. Bookmark this page and join us for Apple’s monstrous earnings call.

What to expect from Apple’s Q4 2015 earnings call

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LOVELOUD
Apple CEO Tim Cook will introduce the band Imagine Dragons Satuday at the LOVELOUD Festival in Utah.
Photo: Jim Merithew/Cult of Mac

Apple is scheduled to reveal its earnings for the final fiscal quarter of 2015 on Tuesday, October 27, and investors are expecting monstrous results.

Sales of the iPhone 6s and iPhone 6s Plus should boost revenues to new heights after Apple announced that it sold a record 13 million units of the new devices during launch weekend alone. Exactly how many iPhones Apple sold won’t be revealed until the bell closes, but Tim Cook seemed pretty optimistic in a recent interview.

Cook told The Wall Street Journal that Apple Watch shipped even more watches last quarter than in the first quarter. It’s unlikely Apple will give us the actual Apple Watch sales figures during the earnings call, but there should be a lot of juicy Apple bits.

Here’s everything to expect from Apple’s Q4 2015 earnings:

Apple’s first Dubai store is a desert oasis of tech

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Apple's 50,000-square-foot retail space will be the first in U.A.E.
Photo: Gulf Business

In advance of the opening of Apple’s massive 50,000-square-foot retail space at the Mall of the Emirates this Thursday, Gulf Business has gotten a sneak preview of the company’s debut United Arab Emirates store — showing a leafy open-plan oasis carrying the new Jony Ive-designed Apple Store interior.

Check out more pictures below.

Here’s how not to drown your massive iPhone collection

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Yep, this wasn't how he'd planned it.
Photo: Zach Straley

Although Apple hasn’t confirmed it, there have been rumblings that the new iPhone 6s is more water-resistant than its predecessors. So what better way to make a viral stress test video than to strap every iPhone ever made on a board, lower them into a tray of water, and observe the order in which they stop working?

Done properly, such a concept should let its creator sit back and watch the retirement fund ad revenue roll in. Well, done properly it might. Done incredibly haphazardly, on what looks like the world’s most buoyant piece of wood, it’s not quite such a winner.

Check it out below.

Cult of Mac Magazine: We ❤ emojis

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Cult of Mac Magazine issue 111
This week has gotten us pretty emoji-nal.
Cover design: Stephen Smith/Cult of Mac

It’s emoji time, thanks to fresh iOS 9 and OS X updates that bring a ton of new pictograms to the Apple universe. In this week’s edition of Cult of Mac Magazine, we’ve got great emoji how-tos, Apple news, and product reviews, plus the story of a Mac developer who schemed up a brilliant way of battling software pirates, Klingon-style.

All this and more awaits you in Cult of Mac Magazine – be sure to download our fantastic app today.

Here are this week’s top stories.

Boomerang, Guitar Hero Live and other awesome apps of the week

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appsoftheweek_1024
'Appy weekend everyone!
Photo: Ste Smith/Cult of Mac

The weekend’s already half way over but, fear not, Cult of Mac is here to fill you in on the week’s best apps.

In addition to great gadget-hunting and photo sharing apps, we’ve picked out some great games from the past seven days. Check out our suggestions below. You won’t regret it!

Xiaomi rumored to be ‘borrowing’ Apple’s 3D Touch tech

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Xiaomi wants to bring Apple's 3D Touch technology to its smartphones.
Photo: Killian Bell/Cult of Android
Xiaomi wants its users to enjoy 3D Touch, too. Photo: Killian Bell/Cult of Android
Xiaomi wants its users to enjoy 3D Touch, too. Photo: Killian Bell/Cult of Android

Xiaomi isn’t exactly known for having its own ideas, so why would you expect it to act any differently when Apple introduced its innovative new 3D Touch feature for the iPhone 6s?

True to form, a new rumor coming out of China claims that Xiaomi has patented its own version of the technology. Because, of course it has.

Apple Watch goes on sale in India next month

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It can be tricky to explain Apple Watch's subtle allure.
The Apple Watch is coming to India.
Photo: Jim Merithew/Cult of Mac

Apple is slowly rolling out the Apple Watch worldwide, and the next place to receive it is set to be India — a largely-untapped market which ranks among the biggest in the world.

The Apple Watch will go on sale on November 6, according to Apple’s India website. No prices have been announced yet, but it is likely to be significantly more than the cost in the U.S.