Earnings increased 78 percent; all-Time record revenue. Sold more Macs in Q3 than last holiday quarter.
Apple today announced phenomenal financial results for its third fiscal quarter of USD15.7 billion---a record for the company, beating their holiday sales. The company posted a net profit of USD3.25 billion or earnings per share of USD3.51. Previous revenue was USD9.73 billion and net profit of USD1.83 billion or earnings per share of USD2.01. Gross margins, though, fell from 40.9 percent to 39.1 percent.
International sales contributed 52 percent of Q3 revenue.
These numbers beat Wall Street estimates as well as those of well-respected financial bloggers.
The company sold 3.47 million Macs during Q3, and 8.4 million iPhones (down slightly from 8.75 million in previous quarter). Apple also sold 9.41 million iPods in Q3, though continuously in decline.
The biggest surprise? iPad sold 3.27 million units, in the first quarter Apple reported sales, almost outselling the Mac.
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