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Apple Q3 2012 result: $35B revenue, $9.32 EPS




Apple Q3 2012 result
Apple Q3 2012 results for the fiscal year 2012. Apple noted it’s Earnings per Share (EPS) of $9.32 on revenue of $35 billion, which was below Wall Street estimates of $37.18 billion in revenue and a net profit of $8.8 billion on $10.36 earnings per share. But in the last third quarter fiscal year the company’s revenue was $28.6 billion. The company said international sales were responsible for 62% of the revenue during the fiscal third quarter.


According to Apple’s press release:

26 million iPhones during the quarter, down from 35.1 million iPhones sold during the fiscal second quarter, but up 28% from the year-ago quarter.
It sold 17 million iPads during the quarter, a record that’s up from the 11.8 million units it sold last quarter.
4 million Macs, which is on a par with last quarter and up 2% from the year-ago quarter.
5.8 million iPods, down 10% from the same quarter last year.

Apple’s Board of Directors has 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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