Apple has just posted its Q3 2012 financial results and although it is below than expected but it is still huge. The Cupertino company had a quarterly revenue of $35 billion and a quarterly net profit of $8.8 billion, and earnings per share of $9.32. The earnings are an increase from Q3 last year in which the company had made revenue of $28.6 billion and a net profit of $7.3 billion.
Apple sold 26 million iPhones, 17 million iPads, 6.8 million iPods, and 4 million Macs in Q3. A cash dividend of $2.65 per share for investors has been announced and will be payed out on August 16th, 2012.
Tim Cook, Apple’s CEO stated,
“We’re thrilled with record sales of 17 million iPads in the June quarter. 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.”
Peter Oppenheimer, Apple’s CFO commented:
“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. Looking ahead to the fourth fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $7.65.”