Apple has reported its financial results for its fiscal 2013 second quarter, ending March 30. The company announced it sold 37.4 million iPhones, compared to 35.1 million in the same quarter last year, but down from 47.8 million iPhones last quarter. Apple sold 19.5 million iPads, as opposed to 11.8 million in Q2 2012, but down from 22.9 million last quarter. The company sold 5.6 million iPods, down from 12.7 million in the previous quarter. iPod numbers were also down from last year’s second quarter, in which 7.7 million iPods were sold. Notably, the iPod numbers were not included in Apple’s press release.
Apple posted quarterly revenue of $43.6 billion and net quarterly profit of $9.5 billion, or $10.09 per diluted share. In the same quarter one year ago, revenue was $39.2 billion and net profit $11.6 billion, or $12.30 per diluted share. Gross margin was 37.5 percent in Q2 2013, as opposed to 47.4 percent in the year-ago quarter, and international sales accounted for 66 percent of the revenue in the quarter.
“We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,” Apple CEO Tim Cook said in the press release. “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,” Apple CFO Peter Oppenheimer said in the release.
For its fiscal third quarter, Apple expects revenue between $33.5 billion and $35.5 billion, gross margin between 36 and 37 percent, and operating expenses between $3.85 billion and $3.95 billion.