Apple Reports Results for Q2 2012: $11.6 Billion Profit on $39.2 Billion in Revenue

Today, Apple has announced its financial results for the first calendar quarter of 2012 and second fiscal quarter of 2012. For this quarter, Apple reported a revenue of $39.2 billion and a quarterly profit of $11.6 billion, or $12.30 per diluted share. This is compared to the revenue of $24.67 billion and net quarterly profit of $5.99 billion, or $6.40 per diluted share in the year-ago quarter. Apple’s quarterly profit and revenue were both company records for the March quarter.

Gross margin was 47.4 percent, compared to 41.4 percent in the year ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

Apple sold 35.1 million iPhones last quarter, which is up 88 percent from the year-ago quarter, and the company sold 11.8 million iPads during the quarter, up 151 percent year-over-year. The company sold 4 million Macs during the quarter, which is a unit increase of 7 percent over the year-ago quarter. Apple sold 7.7 million iPods, representing 15 percent unit decline year-over-year.

Apple’s guidance for the third quarter of fiscal 2012 includes expected revenue of $34 billion and earnings per diluted share of $8.68.

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Parth Dhebar

Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.