Thursday, May 2, 2013

Apple earnings: $36B revenue, $8.2B profit, 26.9M iPhones, 14M iPads

Apple earnings: $36B revenue, $8.2B profit, 26.9M iPhones, 14M iPads Apple's knack for surprises held up in its quarterly earnings today.

The company narrowly beat expectations on revenue, but missed on profits.

Buoyed by sales for the iPhone andiPad, the provider reported revenue of $36 billion and profits of $8.2 billion, or $8.67 per share, towards quarter ended September 29.

Wall Street expected Apple to report $35.80 billion in sales, with earnings per share of $8.75. Apple's own forecast for the quarter was $34 billion, with earnings per share of $7.65.

"We're very proud to end a fantastic fiscal year with record September quarter results," Apple CEO Tim Cook said inside of a statement. "We're entering this season in the best iPhone, iPad,Mac, andiPod products ever, and in addition we remain very confident within your awesome product pipeline."

Apple sold 26.9 million iPhones, exceeding Wall Street's estimate of 25 million, or over 58 percent using the same quarter recently. The issuer for you to disclose how many of that tally were iPhone 5s. Your handmade jewelry only agreed to be on sale for nine days prior to an quarter ended.

Related stories:Apple sees Q1 EPS of $11.75, sales of $52B, lighter than expectedApple sells 26.9 million iPhones in last quarter, up 58% inside yeariPad sales miss estimates as rate of adoption slows

The iPad was Apple's runner-up in sales. Apple said hello sold 14 million on the tablets, case for nexus 4 that has been well below from the best nexus 4 case 17 to 18 million analysts were expecting. However many analysts cut their forecasts for a tablet shortly after Apple's iPad Mini event the 2009 week. That came after Apple said hello had sold a lot more than 100 million from the devices cumulatively, which put most estimates better 16 million and below on the quarter.

As far as Apple's other products go, Apple sold 4.9 million Macs, numerous that started in under its all-time record of 5.2 million Macs within the first quarter of 2011. The corporate also sold 5.3 million iPods, narrowly being under Wall Street's estimate of 5.6 000 0000 units.

Of note, Apple told me that international sales composed Sixty percent in the company's revenue of this quarter. That's down 2 percent coming from a previous quarter, and 3 percent via the same quarter not too long ago.

Apple, which happens to be headquartered in Cupertino, Calif., expects revenue of $52 billion and projected earnings of $11.75 per share due to its next quarter. That's below the $54.9 billion forecast by Wall Street.

In after-hours trading, Apple shares were trading at $613.28, up $3.48 or 0.57 percent.

Apple holds its conference call with analysts this morning at 2 p.m. Pacific nexus 4 bumper to talk about the data. CNET are likely to be live blogging it, and you can stay informed about it here:

Tune into CNET's live coverage of Apple's fourth quarter earnings call at 2 p.m. Pacific.

Updated at 1:48 p.m. PT to the most suitable revenue total within a first graf.

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