Apple Reports Quarterly Revenue of $36 Billion, Sells Over 46 Million iOS Devices

Posted by Knowlton Thomas

Apple posted insane numbers yet again. This time, however, they weren't enough to impress increasingly impossible-to-please investors: the stock dipped slightly in after hours trading.

Apple reported quarterly revenue of $36 billion and profit of $8.2 billion, up from $28.3 billion and $6.6 billion in the year-ago quarter—not too shabby, eh? Gross margin remained remarkably similar at 40%.

The company sold nearly 27 million iPhones in the quarter, up 58%. It also sold 14 million iPads, up 26%. And it sold 5.3 million iPods, down 19%. That's a grand total of more than 46 million iOS devices not just shipped, but sold. In a single 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.”

Photo: Flickr (Wolligraf)

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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more



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