Apple Announces Q412 Revenue of $36 Billion
- October 25th, 2012
- Apple Financials
- Alex Brooks
Apple today announced financial results for its second fiscal quarter of 2012 which ran from July 1 until September 30. The Company posted revenue of $36 billion and net quarterly profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net quarterly profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.
During the quarter Apple sold 4.9 million Macs representing a 1 percent unit increase over the year-ago quarter. Apple sold 14 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter as well as 5.3 million iPods during the quarter, representing a 19 percent unit decline from the year-ago quarter.
Apple also sold 26.9 million iPhones in the quarter in which the iPhone 5 was released, representing 58 percent unit growth over the year-ago quarter
“We’re very proud to end a fantastic fiscal year with record September quarter results,” said Tim Cook, Apple’s CEO. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”
“We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.”