Apple’s flow of information doesn’t end with the announcement of their Q4 2014 earnings, as the Cupertino-based company continues to outline other impressive areas of growth.
During the conference call that took place immediately following the public release of their Q4 2014 earnings, it was revealed that Apple managed to open more than 400 new Apple Stores around the globe. 437, to be specific. More than that, though, the company also outlined how their growth is strengthened with acquisitions from varying niche markets. It was revealed during the company’s Q3 2014 earnings call that the company had acquired 29 different companies since fiscal 2013, and now Apple has opened up on their most recent numbers:
20 acquisitions in 2014, with 7 of them taking place within the September quarter alone.
Many of the companies that Apple officially acquired are well known by now, including the largest of the bunch: Beats Electronics. Others, though, include LuxVue, Swell, Spotsetter and BookLamp. What the impact these acquisitions will make on Apple and its products remains to be seen, but with each new company brought into the fold, the technology they bring in is obviously meant to improve several areas.
Finally, Apple’s CEO Tim Cook also teased “wonderful things” for Beats, but wouldn’t go into any details at the time. It has been rumored heavily as of late that Beats will go through a major rebranding effort in 2015, which could include a drop in monthly subscription pricing to $5 per month.
On Monday, October 20, Apple revealed that the company had a Q4 2014 revenue of $42.1 billion, with 39 million iPhones sold by the end of it. Additionally, Apple also revealed that iTunes posted $4.6 billion in revenue for the same time period, with a cumulative app download total of over 85 billion.
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