Apple reports second quarter fiscal results
TweetFollow Us on Twitter

Apple reports second quarter fiscal results


Apple has announced financial results for its fiscal 2013 second quarter ending March 30. The company posted quarterly revenue of US$43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share.

These results compare to revenue of $39.2 billion and net profit of $11.6 billion, or $12.30 per diluted share, in the year-ago quarter. Gross margin was 37.5% compared to 47.4% n the year-ago quarter. International sales accounted for 66% of the quarter’s revenue.

The company sold 37.4 million iPhones in the quarter, compared to 35.1 million in the year-ago quarter. Apple also sold 19.5 million iPads during the quarter, compared to 11.8 million in the year-ago quarter. The company sold just under 4 million Macs, compared to 4 million in the year-ago quarter.

"We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad," says Apple CEO Tim Cook. "Our teams are hard at work on some amazing new hardware, software, and services and we are very excited about the products in our pipeline."

"Our cash generation remains very strong, with $12.5 billion in cash flow from operations during the quarter and an ending cash balance of $145 billion,"adds Chief Financial Officer Peter Oppenheimer.

Apple is providing the following guidance for its fiscal 2013 third quarter:

° Revenue between $33.5 billion and $35.5 billion;
° Gross margin between 36% and 37%;
° Operating expenses between $3.85 billion and $3.95 billion;
° Other income/(expense) of $300 million;
° A tax rate of 26%.

 
AAPL
$106.79
Apple Inc.
-0.55
GOOG
$544.32
Google Inc.
-5.01
MSFT
$45.98
Microsoft Corpora
-0.65
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

French Developer Pated Unveils Seashine
French Developer Pated Unveils Seashine Posted by Ellis Spice on October 30th, 2014 [ permalink ] French one-man studio Pated has unveiled Seashine, “a poetic journey into the abyss.” Players take on the role of a jellyfish strugglin | Read more »
Agents of Storm: Tips, Tricks, and Strat...
Calling all agents: Would you like to see what we thought of this rather pretty base builder? Check out our Agents of Storm review! Have you downloaded Agents of Storm, been bowled over by the graphics, and aren’t quite sure what to do next? Never fear, for we’re here with some handy tips and tricks to help any beginner get started!   Diamonds Are... | Read more »
Any.DO 2.0 Hopes to Help Manage Producti...
Any.DO 2.0 Hopes to Help Manage Productivity Posted by Ellis Spice on October 30th, 2014 [ permalink ] iPhone App - Designed for the iPhone, compatible with the iPad | Read more »
Base Busters Review
Base Busters Review By Jennifer Allen on October 30th, 2014 Our Rating: :: FUN BUT RESTRICTED MIXUniversal App - Designed for iPhone and iPad Mixing up two forms of tower defense gaming and collectible cards, Base Busters is a fun mix that’s restricted by freemium elements.   | Read more »
Sumptus - Personal Expense Tracker in Yo...
Sumptus - Personal Expense Tracker in Your Pocket 1.0 Device: iOS iPhone Category: Finance Price: $3.99, Version: 1.0 (iTunes) Description: Sumptus - a personal finance assistant in your pocket. It’s an ultimate expense tracker designed to add expenses quickly and simplify your budget management. | Read more »
Meat Factory (Games)
Meat Factory 0.1 Device: iOS Universal Category: Games Price: $.99, Version: 0.1 (iTunes) Description: Meat factory harks back to the old days of the game and watch. Easy to pick up and play, but hard to score big. With cute visuals, simple controls and a retro music, Meat Factory is addictive and nostalgic. | Read more »
Medford Asylum: Paranormal Case - Hidden...
Medford Asylum: Paranormal Case - Hidden Object Adventure (Full) 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: Uncover the mystery of Medford City asylum! | Read more »
Secret Files Sam Peters (Games)
Secret Files Sam Peters 1.0.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.0 (iTunes) Description: [ After the successful iOS release of Secret Files Tunguska, the acclaimed point and click adventure Secret Files Sam Peters has now found its way onto the App Store, too -- fully optimized for iPhone, iPad and... | Read more »
Woah Dave! (Games)
Woah Dave! 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: ***SPECIAL LAUNCH PRICE! IT DOESN'T COST A LOT OF MONEY!***Optimized for iPhone 6+! A huge hit at E3, PAX, PAX East, IndieCade and California Extreme.The critically-acclaimed retro-styled arcade neo-classic is here! | Read more »
Drift'n'Drive (Games)
Drift'n'Drive 1.0.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0.0 (iTunes) Description: Follow your destiny to become the ultimate racing driver! | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.