Apple Reports Big 4Q Sales Gain Nov 1, 2012

Printable format  Email this Article  Search

Apple's fiscal 2012 fourth quarter ended Sept. 29, 2012, with the electronics giant reporting quarterly revenue of $36.0 billion, up from of $28.3 billion in 4Q fiscal 2011, and quarterly net profit of $8.2 billion, up from $6.6 billion.

Gross margin was 40.0%, compared to 40.3% in a year ago. International sales accounted for 60% of the quarter's revenue.

Apple sold 26.9 million iPhones in the quarter, up 58% in units from the same quarter a year ago. The company sold 14.0 million iPads during the quarter, up 26%. It sold 4.9 million Macs, up 1%. iPod sales were down to 5.3 million units, for a 19% unit decline, as consumers increasing turn to iPhones to play media.

"We're very proud to end a fantastic fiscal year with record September quarter results," said Tim Cook, Apple's CEO.

"We're pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75."

Back to Daily News