apple hq

Facing increasing competition from Samsung and other vendors, without a new product in several months, most analysts predicted that Apple’s earnings for the June quarter would be somewhat of a disappointment. But Apple just beat most of the Street’s estimates.

Apple’s earnings are out, and for the most part the numbers are impressive. The company managed to sell 31.2 million iPhones during the 3-month period, where most analysts predicted 26 million. And it also sold 14.6M iPads (very low), and posted $35.3B in revenue…

Here’s the full breakdown:

  • Revenue: $35.3 billion
  • EPS: $7.47
  • iPhones: 31.2 million
  • iPads: 14.6 million
  • Gross Margin: 36.9%
  • Macs: 3.8 million

And here’s some comments on the quarter from Tim Cook and CFO Peter Oppenheimer:

“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services,” said Tim Cook, Apple’s CEO. “We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”

“We generated $7.8 billion in cash flow from operations during the quarter and are pleased to have returned $18.8 billion in cash to shareholders through dividends and share repurchases,” said Peter Oppenheimer, Apple’s CFO.”

apple biz chart

And some awesome charts courtesy of TechCrunch:


Apple’s earnings call will start in just a few minutes. If you’d like, you can listen to a live webcast of the call via the company’s investors portal. Or, as usual, you can check back with iDB later this afternoon for commentary on all of the major highlights and announcements.

  • Maxim∑

    The stock will probably still go down… so far so good though:

    After Hours: 441.24+22.25‎ (5.31%‎)

    • Yujin

      you are right, analyst like to play with it…make you sell, then buy and make a billion in profit…just the way the market works, by scaring people and playing with people’s emotions…, still better than the 20 dollar a share i paid 10 years ago….lol

  • Mohammad Ridwan

    So, Apple isn’t doomed ?

    • ClaudieX X

      nope. numbers are numbers… everything else, is pure shit.

      • mehrab

        Hell yeah

  • MarcPhilippeB

    Nice results.

  • Joshua Catimpo

    So im 14, just asking…

    should i get MBP non retina 13′ 2.9ghz with 8gigs of ram. Or MBA 13′ mid-end? Or i should wait for haswell non retina mbp?(if theres gonna be one in Q4)

    dont tell me im too young… I know stuff 🙂

    • MarcPhilippeB

      Wait for the MacBook Retina Haswell…

      • Joshua Catimpo

        Hoping for a haswell non retina, too… And make it cheaper like what they did with the mb airs. And i hope they make rams default at 8gigs, wouldnt that sound neat?

    • Boss

      13 inch Macbook Pro is pointless get a 15 inch or just get a 13 inch Macbook Air

      • Joshua Catimpo

        15′ inch is too big for me, i need a convenient portable computer, but macbook airs have less storage, i do gaming ( not too hardcore) photoshop, and dj. which needs lot of storage.

        a 13′ wont be pointless if its upgraded

  • seyss

    graphs please 🙂

  • seyss

    no ipod numbers? probably because they were low

  • ClaudieX X

    …waiting the samsung’s paid people to start talking crap about Apple. They all say the same… I WAS AN APPLE FANBOY. I HAVE 2 IPHONES BUT SAMSUNG IS AMAZING !! IT CHANGE MY LIFEE !!! NOW MY IPHONE 5 IS USED BY MY 2 YEARS OLD BABY… NOW IM CHANGING THE WORLD WITH MY SUPER GALAXY IV.

    Samsung… Samsung… What we gonna do with you…

  • mehrab

    Wow this is so horrible, apple is done. (Sarcasm)