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.