Apple Sold 26.9 Million iPhones And 14 Million iPads In Q4 2012

Apple

Apple has posted revenue of $36 billion and net quarterly profit of $8.2 billion, or $8.67 per diluted share in the fourth fiscal quarter of 2012 (third calendar quarter), compared to revenue of $28.27 billion and net profit of $6.62 billion, or $7.05 per diluted share, in the year-ago quarter.

Apple sold 26.9 million iPhones in the quarter, up 58 percent over the year-ago quarter.

Apple also sold 14 million iPads during the quarter, up 26 percent over the year-ago quarter.

Apple sold 4.9 million Macs during the quarter, up 1 percent over the year-ago quarter. Apple also sold 5.3  million iPods during the quarter, representing a 19 percent decline over the year-ago quarter.

Apple’s gross margin was 40 percent compared to 40.3 percent in the year-ago quarter.

Apple’s CEO, Tim Cook said:

“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.”

Apple had sold 26 million iPhones in Q3 2012. There is usually drop in iPhone sales in the fourth quarter as we get closer to the launch of the next generation iPhone, but Apple seems to have bucked the trend this time, thanks to the surge in demand for the new iPhone 5 at the end of the quarter.

Update:

Apple seems to have missed the profit estimates due to weak iPad sales. Apple’s stock is down just over 1% in after hours trading.

We wonder if the weak iPad sales prompted Apple to launch the 4th generation iPad, which addresses most of the  shortcomings of the 3rd generation iPad.

[via Apple]

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