Apple Releases Q4 Results – 26.9 Million iPhones Sold!


Apple announced the financial results for its fiscal 2012 fourth quarter ended September 29, 2012 yesterday. After declaring the results, the board announced quarterly dividend of $2.65 per common share.

The company reports quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue. The press release published at Apple’s news section reads:

“The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.”

Tim Cook said the company is very proud to end a fantastic fiscal year with record September quarter results. Apple is entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and remains very confident in our new product pipeline according to Cook. 

Apple’s CFO, Peter Oppenheimer commented: “We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. 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.”

With an aggressive roll-out pace - new iPods, new iPhone, new iPads - one Mini, one larger - new MacBook Pro and new iMacs in the last six weeks, analysts believe Apple has settled into a rapid, but not insane, rate of growth. While retaining the position in tablets and growing the Mac, Apple seem to still be taking all the market in smartphones that they want. So regardless the criticism from competitors, iPhone 5 appears to be a huge success for the company!

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