Apple has released their financial results for the calendar Q2 and fiscal Q3 of 2012. In this quarter Apple announced that they pulled in $35 billion in revenue, and $8.8 billion in profit. This works out to be $9.32 per diluted share. Compare this to the year-ago quarter that saw $28.57 billion and net quarterly profit […]
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Apple Announces $8.8 Billion in Profit from $35 Billion in Revenue

Jul 24th 2012 by

Apple has released their financial results for the calendar Q2 and fiscal Q3 of 2012. In this quarter Apple announced that they pulled in $35 billion in revenue, and $8.8 billion in profit. This works out to be $9.32 per diluted share. Compare this to the year-ago quarter that saw $28.57 billion and net quarterly profit of $7.31 billion, or $7.79 per diluted share.

Apple did beat their own guidance with these numbers, but analysts were expecting more from the company. Apple did say they would make $34 billion in revenue and earnings of $8.67 per diluted share. Both quarterly profit and revenue were records for the company in the June quarter. Apple also announced that the new quarterly dividend $2.65 per share payable on August 16 from the close of trading on August 13th.

Breaking these numbers down, iPhone unit sales were 26 million units, which is up 28% from the year-ago quarter. As for the iPad the company sold 17 million of them, which is up 84% from the year-ago quarter. The company also sold 4 million Macintosh computers, which is up 2% increase from the year-ago quarter. Apple sold 6.8 million iPods, which was a 10% unit decline from the year-ago quarter.

Lastly, Apple expects to make $34 billion in revenue for the the next quarter.

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