Apple Announces Another Record Quarter – 14 Million Angry iPad Owners

Tim Cook Happy

We imagine Tim Cook looks something like this right now

Apple has announced their financial results for Q4 2012 ended September 29, 2012. They saw a record fourth quarter.

Apple sold 26.9 million iPhones, which makes for a 58 percent growth in sales year-over-year. They also sold 14 million iPads during the quarter. Those 14 million people might be upset right now. That’s 26 percent up from the same quarter last year.

Apple sold 4.9 million Macs, which is just a 1 percent growth over last year’s quarter. The iPod, however, continues to drop. It sold 5.3 million (which, in reality, isn’t bad, but it’s not exactly comparable to the other iOS devices). That’s a 19 percent decline from last year.

Here’s the more thorough breakdown:

Apple Reports Fourth Quarter Results

26.9 Million iPhones Sold; Record Fourth Quarter Revenue and Profit

Board Declares Quarterly Dividend of $2.65 per Common Share

CUPERTINO, California—October 25, 2012—Apple® today announced financial results for its fiscal 2012 fourth quarter ended September 29, 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. International sales accounted for 60 percent of the quarter’s revenue.

The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.

Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on November 15, 2012, to shareholders of record as of the close of business on November 12, 2012.

“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.”

About 8bitjay

Google + Profile