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Apple Reports Second Quarter Results
Tuesday, April 23, 2013 - 4:38 PM EST
Posted by: Staff

Apple today announced financial results for its fiscal 2013 second quarter ended March 30, 2013. The company posted quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share. These results compare to revenue of $39.2 billion and net profit of $11.6 billion, or $12.30 per diluted share, in the year-ago quarter. Gross margin was 37.5 percent compared to 47.4 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter's revenue.

"We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad," said Tim Cook, Apple's CEO. "Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline."

The company also announced that it sold 37.4 million iPhones (up from 35.1 million a year ago), 19.5 million iPads (up from 11.8 million a year ago), and just under 4 million Macs (basically the same as a year ago).

You can listen to the conference call here for more information about these results.



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