Apple announces Q4 2012 earnings

Yesterday, during the earnings call, Apple reported record fourth quarter profits that rose nearly 25% to $8.2 billion. The quarterly revenue amounted $36.0 billion for the three-month period ending ended September 29, 2012. 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.

“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.”

As for iPhone, Apple sold 26.9 million units in the quarter, representing 58 percent unit growth over the year-ago quarter. It also sold 14.0 million iPads, a 26 percent unit increase over the year-ago quarter. Mac sales continued to be robust at 4.9 million units, a 1 percent unit increase over the year-ago quarter. Meanwhile, sales of iPods continued their decline to just 5.3 million units, a 19 percent unit drop from the year-ago quarter.

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Written by Svetlana Osipova

Friday, October 26, 2012. 16:50

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