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Apple Reports Fourth Quarter Results

 
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PostPosted: Thu Oct 25, 2012 3:57 pm    Post subject: Apple Reports Fourth Quarter Results Reply with quote

Apple Reports Fourth Quarter Results
Thursday, October 25, 2012
Posted by: Staff

Apple today announced financial results for its fiscal 2012 fourth quarter ended September 29th, 2012. The company posted quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40.0 percent compared to 40.3 percent in 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."

The company also announced that it sold 26.9 million iPhones (up from 17.01 million a year ago), 14 million iPads (up from 11.12 million a year ago), 5 million Macs (up from 4.89 million a year ago), and 5.3 million iPods (which is actually down 19 percent from a year ago).



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