Apple just announced its earnings for its June quarter, and despite all of the ‘doom’ talk and lowball analyst predictions, the numbers are actually pretty good. In fact, the company set a record for iPhone sales during the 3-month period.
We’re just finishing up the conference call, where Tim Cook and his CFO Peter Oppenheimer talked about the quarter, offered some insight and fielded several questions. And as usual, we’ve rounded up the 15 most interesting points for you…
- 31.2 million iPhone sales is a record for Apple in the June quarter
- 93% loyalty rate amongst iPhone owners
- iPhone holds 62.5% share of US commercial market—commercial, industrial and gov.
- 320 million iCloud accounts
- 900 billion iMessages sent
- 120 billion photos and 8 trillion push notifications sent
- There are now 900,000 apps in the App Store, 375,000 made for iPad
- Cumulative unique app downloads passed the 50 billion mark
- Developers have made $11 billion from the App Store since its debut
- iPad accounted for 85.3% share of tablet web usage in US and Canada
- 1 billion TV episodes, 390 million movies downloaded from iTunes to date
- Over $4 billion in revenue from iTunes, software and services
- Apple ended quarter with 408 retail stores
- Average revenue per store was $10.1 million for the quarter, average visitors: 16,000 per week
- Apple CFO Peter Oppenheimer said Apple would have a “very busy fall”
Overall, it seems like Apple had a solid Q3 thanks to huge growth in iPhone sales—which makes up over half its business. Admittedly, iPad and Mac sales are down, and margins aren’t where you want them, but APPL is up 4% in after hours.
And the big takeaway here, for me at least, is that this was an extremely quiet quarter for Apple, product-wise. Sure, it released that 16GB iPod touch. But there was no new iPad or iPhone, which it sounds like Apple is saving for the fall.
The next few months should be very exciting.