Apple reports $8.2 billion in profit for latest quarter
by on October 26, 2012 at 12:40 pm
Sections: Apple Business
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Last night Apple released their quarterly report to investors. The company had revenue of $36.0 billion and quarterly net profit of $8.2 billion. Last year at this time the company had revenue of $28.3 billion and net profit of $6.6 billion. The board also announced a quarterly dividend of $2.65 per Common Share.
Product-wise, Apple sold 26.9 million iPhones (up 58%), and 14 million iPads (up 26%). Macs were up only 1% from the year-ago-quarter, with 4.9 million sold, and iPods were up 19% with 5.3 million units sold. They were, as you might expect, happy about this:
“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.”
You can read the full press release at the Apple site.
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