Apple’s Q4 earnings report: 26.9M iPhones and 14M iPads sold, $36B in revenue

By , Oct 25, 2012

As promised, Apple has released its quarterly earnings report this afternoon. This is the company’s third calendar quarter for 2012, and fourth fiscal quarter, and is the last one before the big holiday season.

For the period, Apple has reported $36 billion in revenue and $8.2 billion in net profit by selling 26.9 million iPhones, 14 million iPads, 4.9 million Macs, and 5.3 million iPods. More details after the break…

Overall, it was a pretty tame quarter for the Cupertino company. There weren’t many surprises. iPad sales were fairly low compared to last quarter, but that was expected thanks to the rumored iPad event.

And this quarter wasn’t near as important as the upcoming holiday reporting period. Apple just released a new smartphone, two new tablets and refreshed computers, and is expecting to have a killer three months.

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.

$52 billion in revenue. Think about that.

Apple’s earnings call starts in about 5 minutes, and if you’re interested, you can listen to the live stream here. Otherwise, stay tuned to iDB this afternoon, as we’ll be bringing you all of the highlights and other things of note.

Here’s the full press release:

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, Calif.–(BUSINESS WIRE)–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.

“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.”
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.”

For those of you that are more graphical, those charts should help get a better pictures of Apple products sales, and revenues.

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  • CollegiateLad

    Wow… I’m in the wrong business.

  • http://twitter.com/Pitchy Pitchy

    Wow, one would think with all of that extra cash, they could include those lightning to 30 pin adapters with each new iPhone / iPad.

    • CollegiateLad

      While they’re at it, why not a free case and $30 iTunes gift card, too? Oh boy…

      • http://twitter.com/Pitchy Pitchy

        huge fucking difference between an iTunes gift card and an adapter that they are forcing you to use because they made a change to the connector that rendered all of your old accessories obsolete.

      • CollegiateLad

        So much anger. I blame the replacement officials. ;)
        I didn’t know they forced me to use/buy anything. That’s good to know.

      • http://twitter.com/Pitchy Pitchy

        If you bought an iPhone 5 or get an iPad Mini / iPad 4… then every single accessory you previously owned that used the 30 pin connector is useless… so if you want to use those, then you are being forced to buy the lightning to 30 pin adapter. Of course, you could just wait for all of those new lightning connector accessories to come out and buy those to work with your new iPhone / iPad.

      • CollegiateLad

        I have a corvette right now. I bought a bug guard several months ago to protect the front end. I plan on buying the new body style corvette next year. Should I expect Chevrolet to give me, a loyal customer, a free bug guard for my new car since they’re changing the body style?

      • http://twitter.com/HuchongLing Joey_Z

        not quite an accurate comparison. I don’t think people are complaining the need for a bigger screen protector for their iphone 5. Think about 1. the cost of the add-on to the device or machine, and 2. people’s expectation.

        Let’s say corvette’s wheel bolt pattern is 5×4.75, and you are running one set of aftermarket wheels on the car and have several sets of wheels in this spec in your garage. when the next generation comes out, the car would run on 5×5 wheels and all your wheels would no longer work on the new car. What would you feel then?

      • CollegiateLad

        I wouldn’t expect anything for free. I’d either not upgrade to the new corvette or I’d understand, like any sane person, that components and peripherals change… It’s just the nature of evolution. I remember that I had a lot of floppy disks when they dropped the floppy drive. I had tons of VHS when they went to DVD. I had tons of cassette tapes when they went to CDs. In neither situation did I expect a handout. I adapted like the rest of the masses. Maybe I’m just crazy.

      • KewlDewd

        Let me know when you go to the Chevy dealership to demand your free replacement aftermarket wheels. I want to see you get laughed out of the dealership. You and Pitchy are a trip.

      • KewlDewd

        Wow dude. You are so wrong here. It’s common sense. Were you “forced” to buy an iPhone 5? Apple made an updated product with new technology. You chose (yeah, not forced) to buy it knowing that your 3rd party accessories wouldn’t work without an adapter. Should Apple keep using old tech forever just so your accessories never become obsolete? That’s flat out ridiculous. It’s certainly not Apple’s responsibility to make sure your old 3rd party stuff still works with their new stuff. They chose to make an adapter to make that possible, and you get to choose to buy one or not. It’s all about choice and thinking. If you bought the iPhone 5 and then feel the way you do, your thinking obviously stopped at “ooh…new iPhone…gotta have it.”

      • http://twitter.com/Pitchy Pitchy

        You are correct… no one is forcing you to buy the 5 or 3rd party accessories. But over the last 10 years, many people have purchased a lot of 3rd party accessories that were designed for iPods and worked with iPhone. I know personally I have probably spent well over at least $1000 for accessories

        One of the best things that Apple had going for it was that 30 pin dock was the same across the board for iPods, iPhone, iPad and you knew it was going to work. Lots of cars even come with a 30 pin connector to plug your iPhone or iPod into the stereo. It is the fact that it became such a common place thing, it was essentially a standard. So if you did upgrade to the iPhone 5, you would need an adapter to plug your phone into say the stereo in a Mini Cooper for example. My wife and I both have Sony speaker / clocks on each side of the bed for our phones, that would be useless if we got the 5. My JBL speaker tube also useless, even though it used the old charging voltage, it still played perfect with the iPhone, it just wouldn’t charge.

        My view and I don’t care if you agree or not is that if Apple changes a standard that they created… that has been in use for 10 years, then they should provide the adapters for free. With 36 billion in cash, it probably wouldn’t even make a dent in that to toss in some $2 connectors that they sell for $30.

    • Tr1pTr0p

      Two problems with that. Capitalism doesn’t work that way, and how else would all the blind sheep believe their cables are magical and better if Apple didn’t sell it for ten times what it’s actually worth?

      • http://twitter.com/Pitchy Pitchy

        But if a company has that much extra cash, they could use a small fraction of that to reward their customer base for remaining loyal. At the very least, they could include a voucher with each purchase for those people who would need the adapter could get it and those who don’t, don’t need to use it. Charging for the adapter is dirty as hell. If this had been Google or Microsoft, the iSheep would have been laughing and talking about how awful that is and that there should be some sort of monopoly antitrust lawsuit sue sue sue thing to take place.

      • Tr1pTr0p

        You’re absolutely right.

      • CollegiateLad

        Magical cables? Blind sheep? lol…

      • MagicDrumSticks

        Lol. Agreed. I never get tired of how you slam the hammer of truth.

    • http://twitter.com/El_Barto_01 El Barto

      Is call business. Not a charity.

  • http://twitter.com/El_Barto_01 El Barto

    Still to he ANALyst said they missed so the stock goes down. The ANALyst buy that again for cheaper and pump it up for next quarter. Who loses? You, me, and everyone in between. Unless you work on Wall Street.

    Still with 121 billion in the bank apple can do what ever they want and hit, miss and tell everyone to go fuck themselves. They don’t need a bank, and they can take huge risks that may or may not pay off…. Like offering a “pricey” iPad mini.

  • Yujin

    And Samsung made 8 billion…with all their products and with the biggest market share…guess apple does it better.