Apple has posted record revenue of $35 billion and net quarterly profit of $8.8 billion, or $9.32 per diluted share in Q3 2012 (second calendar quarter), compared to revenue of $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share, in the year-ago quarter.
Apple sold 26 million iPhones in the quarter, up 28 percent over the year-ago quarter.
Apple also sold 17 million iPads during the quarter, up 84 percent over the year-ago quarter.
Apple sold 4 million Macs during the quarter, up 2 percent over the year-ago quarter. Apple also sold 6.8 million iPods during the quarter, representing a 10 percent decline over the year-ago quarter.
Apple’s gross margin was 42.8 percent compared to 41.7 percent in the year-ago quarter.
Apple’s CEO, Tim Cook said:
“We’re thrilled with record sales of 17 million iPads in the June quarter. We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”
Apple had sold 35.01 million iPhones in Q2 2012. The drop in iPhone sales in the third quarter compared to the first quarter doesn’t come as a big surprise as iPhone sales generally tend to slow down as we get closer to the launch of the next generation iPhone, which is widely expected in September or October.
Wall Street seem to be quite disappointed by the results. Apple’s stock is down by over 5% in after hours trader at the time of writing this update.
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