Apple Reports Q2 2012 Results With Net Profit Increase of 94%

Discussion in 'Apple iPad News' started by Maura, Apr 24, 2012.

  1. Maura
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    Maura iPadForums News Team

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    Apple has just released its financial results for its fiscal 2012 second quarter, ending March 31, 2012, posting quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. The results compare very favourably to revenue of $24.7 billion and net profit of $6.0 billion, or $6.40 per diluted share in the year-ago quarter. The gross margin was 47.4% compared to 41.4% in the year-ago quarter, with international sales accounting for 64% of the quarter’s revenue.

    To break those figures down, Apple sold 35.1 million iPhones in the quarter, which is actually better than many analysts were expecting, and 11.8 million iPads, which is a little less than had been expected, but still represents a 151% unit increase over the year-ago quarter. Four million Macs were sold in the quarter, representing a 7% increase. The iPod was the only Apple product to report a fall, with a figure of 7.7 million iPods sold – a 15% unit decline from the year-ago quarter.

    Source: Apple
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