The revenue results are still coming in and of course Apple’s was expected to be huge. Apple have posted their results for the quarter ending June 30th. They posted a revenue of $35 billion with a net profit of $8.8 billion. Since Apple is the highest earning company in the world. It is no doubt intriguing to see how well they perform each quarter, it’s also nice to see how well the iPhone, iPad and Macs are selling. So let’s take a look at the figures for each.
- iPhone – 26 Million units sold
- iPad – 17 million units sold
- iPod – 6.8 million units sold
- Macs – 4 million units sold
Now we can see the iPad is selling almost aswell as the iPhone and that easily comes as a shocker and since the results also show an 86 percent increase in sales for the iPad compared to last year. It does seem a lot more people are jumping on the iPad bandwagon. The iPhone also shows an impressive 28 percent in sales compared to last year as well. So things are looking even better for the richest company in the world.
The iPod touch saw a decline of 10 percent in sales with only 6.8 million units sold. This is becoming a constant reminder that people prefer to buy a smartphone rather than and iPod at this stage.
The profit for Apple this quarter translates into $9.32 per share and reports show that while Apple made an absolute ton of money this quarter, analysts are stating that Apple’s number fall short of the expected outcome. Although not by much and Apple have stated the results are better than what they expected internally.
A statement from Apple CEO Tim Cook about the financial report this quarter and how Apple are of course delighted with the results.
“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.”
Also a statement from Apple’s CFO was detailed in the press release.
“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.”
Congratulations to Apple and their yet again hugely successful quarter, if you wish to read the entire press released, you can check it with the source link below.
