Apple in CQ1/FQ2 2012 ...
In CQ1 Apple sold:
• 35.1 million iPhones, up 88% vs. a year earlier.
• 11.8 million iPads, up 151%.
• 7.7 million iPods, down 15% from a year ago.
• 4 million Macintosh units, up 7%
Apple earned $12.30 a share, up 92% from a year ago, on sales of $39.2 billion, up 59%, for the quarter ended March 31.
>> Apple Reports Second Quarter Results
Record March Quarter Sales of iPhones, iPads and Macs
Net Profit Increases 94% Year-over-Year
Apple Press Release
Cupertino, California
April 24, 2012
apple.com
Apple® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The Company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. These results compare to revenue of $24.7 billion and net profit of $6.0 billion, or $6.40 per diluted share, in the year-ago quarter. Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.
The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. The Company sold 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter. Apple sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter. ... <Snip Rest> ###
>> Apple Earnings Nearly Double, Crushing Forecasts
Patrick Seitz
Investor's Business Daily
06:47 PM ET
Apple (AAPL) defied the skeptics yet again late Tuesday, with fiscal second-quarter results that obliterated estimates on strong iPhone and iPad sales. Investors ignored a cautious outlook, driving Apple shares up 7% in after-hours trading to just over $600. During the regular session, Apple fell 2% to 560.28. The stock had fallen for five straight trading days and 10 of the last 11 regular sessions. It hit an all-time high of $644 on April 10.
Apple earned $12.30 a share, up 92% from a year ago, on sales of $39.2 billion, up 59%, for the quarter ended March 31. Analysts polled by Thomson Reuters expected Apple to earn $10.04 a share on sales of $36.81 billion.
Apple returned to its historical pattern of giving conservative guidance. The tech titan says it expects to earn $8.68 a share on sales of $34 billion in the current quarter. Analysts had predicted EPS of $9.93, up 27%, on sales of $37.45 billion, up 31%
Apple's gross profit margin rose to 47.4% vs. 41.4% a year ago. ... <Snip> ... Apple sold 35.1 million iPhones in the March quarter, up 88% vs. a year earlier. It sold 11.8 million iPads, up 151%. Apple's Macintosh sales rose 7% to 4 million units. Apple sold 7.7 million iPods, down 15% from a year ago. ... <Snip> ... Apple's iPhone accounted for 58% of total revenue last quarter. The iPad tablet brought in 17% of company sales. Mac computer sales accounted for 13%. The rest was from iPod media players, iTunes downloads and other hardware and software.
Apple ended Q1 with $110.2 billion in cash and investments — $74 billion offshore. That's up from $97.6 billion as of Dec. 31. Apple plans to start a quarterly cash dividend to shareholders in its fiscal Q4, which starts July 1. ... <snip Rest>
- Eric - |
