Thursday, October 25th 2012

Apple Reports Fourth Quarter Results

Apple today announced financial results for its fiscal 2012 fourth quarter ended September 29, 2012. The Company posted quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter's revenue.

The Company sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.

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 November 15, 2012, to shareholders of record as of the close of business on November 12, 2012.

"We're very proud to end a fantastic fiscal year with record September quarter results," said Tim Cook, Apple's CEO. "We're entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline."

"We're pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75."
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10 Comments on Apple Reports Fourth Quarter Results

#1
Hilux SSRG
by: Cristian_25H
"We're very proud to end a fantastic fiscal year with record September quarter results," said Tim Cook, Apple's CEO. "We're entering this holiday season with the unchanged iPhone, obsolete mini iPad, Mac and iPod products ever, and we remain very confident in our outdated product pipeline."
I fixed it for you ! ;)
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#2
Depth
Meanwhile, in China

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#3
[H]@RD5TUFF
Good, here's to hoping they loose even more money!
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#4
Supercrit
by: Depth
Meanwhile, in China
Yeah, problem is like everything are made there, you can't just blame apple, chances are your PC parts are made there too.
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#5
Rhyseh
I really don't understand the argument behind manufacturing in China is somehow morally wrong. Sure manufacturing offshore is always going to weaken the local economy, however China has profited extensively from the manufacturing boom over there. Overall the living standards for Chinese nationals have increased dramatically.
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#6
Easy Rhino
Linux Advocate
love me some Apple products!
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#7
amdftw
LOL, lovely Tim Cook forget to mention that q4 8.2 billion net profit is lower than previous q3's 8.8 billion...
Deception and raving above everything...:banghead:
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#8
Depth
by: Rhyseh
however China has profited extensively from the manufacturing boom over there. Overall the living standards for Chinese nationals have increased dramatically.
There are a lot of arguments on both sides but I feel the quality of life for at least the teenagers would improve if Apple spent maybe half a billion by forcing Foxconn to have them work humane shift hours.

The workers exchange their physical and mental health to benefit their families, seems cruel to take advantage of that then show everyone how much money you made.
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#9
Easy Rhino
Linux Advocate
by: Depth
There are a lot of arguments on both sides but I feel the quality of life for at least the teenagers would improve if Apple spent maybe half a billion by forcing Foxconn to have them work humane shift hours.

The workers exchange their physical and mental health to benefit their families, seems cruel to take advantage of that then show everyone how much money you made.
you take a lot for granted. it takes a lot of time and a lot of slogging down in the mud pit for third world countries to make it to first world status. you simply have to read up on how living standards improved in the US from 1850- present to understand the necessity of relaxed labor laws.
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#10
3870x2
by: Rhyseh
I really don't understand the argument behind manufacturing in China is somehow morally wrong. Sure manufacturing offshore is always going to weaken the local economy, however China has profited extensively from the manufacturing boom over there. Overall the living standards for Chinese nationals have increased dramatically.
Yeah, but how in the hell am I going to take a 7th loan out for my 4th car if some asshole village in China is getting fed off of my income?
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