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Apple Announces Q3 2012 Earnings: $8.8B in Profit, $35B in Revenue

Apple Announces Q3 2012 Earnings: $8.8B in Profit, $35B in Revenue

Apple today released their earnings report for Q3 2012, revealing another strong quarter for Apple, including sales of 17 million iPads, 26 million iPhones, 4 million Macs, and 6.8 million iPods!

From the release:

Apple® today announced financial results for its fiscal 2012 third quarter ended June 30, 2012. The Company posted quarterly revenue of $35.0 billion and quarterly net profit of $8.8 billion, or $9.32 per diluted share. These results compare to revenue of $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share, in the year-ago quarter. Gross margin was 42.8 percent compared to 41.7 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

The Company sold 26.0 million iPhones in the quarter, representing 28 percent unit growth over the year-ago quarter. Apple sold 17.0 million iPads during the quarter, an 84 percent unit increase over the year-ago quarter. The Company sold 4.0 million Macs during the quarter, a two percent unit increase over the year-ago quarter. Apple sold 6.8 million iPods, a 10 percent unit decline from the year-ago quarter.

Full details can be found in the official press release on Apple’s media information page.