Dive Brief:

• Apple reported strong profits for the latest quarter, bolstered by record iPhone sales and surprisingly strong demand for Macs, CIO reported.
• Apple revenue rose to $51.5 billion in the fiscal fourth quarter.
• The company said 62% of revenue came from outside the U.S., and revenue in China nearly doubled.

Dive Insight:

For the full year, Apple made $53.4 billion. Both sales and profit beat analyst predictions.

Sales of iPhones reached a fourth-quarter record and the company said it sold more Macs than ever – growing by 3% despite a sluggish PC market.

The one downside were iPad sales, which were down 20% from the same period in 2014, a bigger drop than was expected.

Microsoft also recently reported strong overseas sales, saying it got about 54% of its revenue from outside the United States in fiscal 2015.