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Apple Sells Record 17 Million iPads and 26 Million iPhones in 2012 Third Quarter

This is a discussion on Apple Sells Record 17 Million iPads and 26 Million iPhones in 2012 Third Quarter within the Apple iPad News forums, part of the Apple iPad Forums category; Apple yesterday announced its financial results for its fiscal 2012 third quarter ending June 30, 2012, posting quarterly revenue of $35.0 billion and quarterly net ...

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    Apple Sells Record 17 Million iPads and 26 Million iPhones in 2012 Third Quarter




    Apple yesterday announced its financial results for its fiscal 2012 third quarter ending June 30, 2012, posting quarterly revenue of $35.0 billion and quarterly net profit of $8.8 billion, or $9.32 per diluted share. This represents a drop from $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share in the year-ago quarter, with a gross margin of 42.8% compared to 41.7% in the year-ago quarter. Apple also said that international sales accounted for 62% of the revenue.

    Breaking down these figures further, Apple said that it sold 26 million iPhones in the quarter, representing 28% unit growth over the year-ago quarter, and 17 million iPads, representing an 84% unit increase over the year-ago quarter. Four million Macs were sold during the quarter, representing a 2% increase over the year-ago quarter. Apple also sold 6.8 million iPods, which represented a 10% decline from the year-ago quarter.

    “We’re thrilled with record sales of 17 million iPads in the June quarter,” said Tim Cook, Apple’s CEO. “We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”

    “We’re continuing to invest in the growth of our business and are pleased to be declaring a dividend of $2.65 per share today,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $7.65.”
    Source: Apple

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