Apple has announced financial results for its fiscal 2012 third quarter that ended June 30. The company posted quarterly revenue of US$35 billion and quarterly net profit of $8.8 billion, or $9.32 per diluted share.
These results compare to revenue of $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share, in the year-ago quarter. Gross margin was 42.8% compared to 41.7% in the year-ago quarter. International sales accounted for 62%of the quarter’s revenue.
Apple sold 26 million iPhones in the quarter, representing 28% unit growth over the year-ago quarter. Apple sold 17.0 million iPads during the quarter, an 84% unit increase over the year-ago quarter. The company sold four million Macs during the quarter, a 2% unit increase over the year-ago quarter. Apple sold 6.8 million iPods, a 10% 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 Aug. 16, 2012, to stockholders of record as of the close of business on August 13, 2012.
“We’re thrilled with record sales of 17 million iPads in the June quarter,” says Apple CEO Tim Cook. “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.”
Chief Financial Officer Peter Oppenheimer adds: “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.”