Notable Details From Apple’s Q3 2014 Earnings Call

Apple’s Q3 2014 earnings call just wrapped up. While the earnings and sales numbers were announced earlier, here are some important updates to take away from the call itself:


  • Over 20 million people streamed the WWDC keynote in June.
  • Apple is receiving a great response to their iOS and OS X upgrades.
  • Swift will allow for new possibilities in development, and open development to new people.
  • Earnings per share are up by the highest rate in 7 quarters.
  • Apple has made 29 acquisitions other than Beats since fiscal 2013.
  • Apple values the Beats acquisition for their talent, “growing lineup of products,” and the music streaming service.


  • iPhone sales are up 55% from last year in Brazil, China, India, and Russia.
  • iPhone sales are higher than ever for Q3.
  • Japanese tax increases and regulations dampened smart phone market, including iPhone.


  • The general tablet market declined, but iPad sales were higher than Apple expected.
  • Apple sees enterprise as an “enormous opportunity” for growth with their IBM partnership.
  • The Swedish government is using over 100,000 iPads.
  • iPad accounts for about 80% of e-commerce purchases.
  • Customer satisfaction is very high.
  • 50% of iPad buyers are first time iPad owners.


  • Mac sales are up 39% in China.
  • Sales are growing in the education market as well.

iTunes Software & Services

  • Billings grew 25% from last year, which makes the category Apple’s fastest growing source of revenue.
  • 75 billion App Store downloads have been made.
  • $20 billion have been sent to developers, with almost half being paid in the last 6 months.

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