Apple has reported its financial results for its fiscal 2013 third quarter. The company sold 31.2 million iPhones, a June quarter record, up from 26 million iPhones in last year’s third quarter, and 37.4 million iPhones last quarter. Apple sold 14.6 million iPads in the third quarter, down from 17 million in Q3 2012, and 19.5 million last quarter. As with Q2 2013’s press release, Apple did not include iPod sales numbers in the release, but it sold 4.6 million iPods in the quarter, compared to 5.6 million iPods last quarter, and 6.8 million iPods in Q3 2012.
Apple posted quarterly revenue of $35.3 billion and net quarterly profit of $6.9 billion — $7.47 per diluted share. This compares with revenue of $35.02 billion and net quarterly profit of $8.8 billion in Q3 2012, or $9.32 per diluted share. Gross margin was 36.9 percent compared to 42.8 percent in Q3 2012. International sales made up 57 percent of the quarter’s revenue.
“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services,” said Apple CEO Tim Cook. “We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”
“We generated $7.8 billion in cash flow from operations during the quarter and are pleased to have returned $18.8 billion in cash to shareholders through dividends and share repurchases,” said Apple CFO Peter Oppenheimer.
For Q4 2013, Apple is expecting revenue between $34 billion and $37 billion, gross margin between 36 percent and 37 percent, and operating expenses between $3.9 billion and $3.95 billion.