Apple Q3 2012: 26m iPhones, 17m iPads, 6.8m iPods | iLounge News

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Apple Q3 2012: 26m iPhones, 17m iPads, 6.8m iPods

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By Charles Starrett

Contributing Editor
Published: Tuesday, July 24, 2012
News Categories: Apple, iPad, iPhone, iPod

Reporting its third quarter 2012 financial results today, Apple said it sold 26 million iPhones in the quarter, an 28 percent increase year-over-year, but down somewhat from 35.1 million units in the prior quarter. Apple sold 17 million iPads during the quarter, up 84 percent from the year-ago quarter and also up from 11.8 million units in the second quarter of 2012. Finally, the company said it sold 6.8 million iPods during the quarter — a 10 percent decrease compared to the same quarter last year. Unit sales of iPhones, iPads, and iPods bring the cumulative totals for the three device categories to 244.1 million, 84.08 million, and 351.08 million, respectively.

Apple posted revenue of $35.02 billion and net quarterly profit of $8.8 billion, or $9.32 per diluted share, compared with revenue of $28.57 billion and net quarterly profit of $7.31 billion, or $7.79 per diluted share in Q3 2011. Revenue from Other Music Related Products and Services, which includes revenue from the iTunes Store, App Store, and iBookstore in addition to sales of iPod services and Apple-branded and third-party iPod accessories, was 2.06 billion for the quarter, up 31 percent year-over-year but down four percent from the prior quarter. Apple’s Board of Directors also declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on August 16, 2012, to stockholders of record as of the close of business on August 13, 2012.

“We’re thrilled with record sales of 17 million iPads in the June quarter,” said Tim Cook, Apple’s CEO. “We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”

“We’re continuing to invest in the growth of our business and are pleased to be declaring a dividend of $2.65 per share today,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $7.65.”

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