Apple reports quarterly profit of $8.2 billion
26th Oct 2012 | 09:15
Apple has reported record fourth quarter financial results thanks to an increase in sales of all products bar iPod.
The company posted quarterly revenue of $36 billion and net profit of $8.2 billion for the three months ended September 29, 2012, compared to revenue of $28.3 billion and profit of $6.6 billion for the same period a year ago.
iPhone sales grew 58 percent over the same quarter a year ago to 26.9 million units, iPad sales were up 26 percent to 14 million, Mac sales rose one percent to 4.9 million, while iPod sales declined 19 percent to 5.3 million.
"We're very proud to end a fantastic fiscal year with record September quarter results," said Apple CEO Tim Cook. "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."
Earlier this week Apple announced the iPad mini and fourth generation iPad.