Sci/Tech Apple’s enormous Q2 earnings by the numbers: 35.1M iPhones sold, $11.6B profit

Furby

Current occupation: News poster


Apple had another humongous quarter in Q2 buoyed by the sale of the new iPad, with results that once again beat high Wall Street expectations. Apple earned a record profit of $11.6 billion on revenue of $39.2 billion and sold 11.8 million iPads.

The company followed an already strong Q1, which also beat expectations. In that quarter, the company sold a record 37 million iPhone units with revenue of $46.33 billion.

Here’s a brief look at Apple’s big Q2 numbers:
  • Revenue: $39.2 billion, compared to $24.7 billion in the year-ago quarter
  • Net income: $11.6 billion, compared to $6.0 billion in the year-ago quarter
  • Earnings per diluted share: $12.30 per share, compared to $6.40 per share in the year-ago quarter
  • Cash reserves: $110 billion, up from $81.5 billion six months ago
  • iPhone sales: 35.1 million units, an 88 percent growth over the year-ago quarter
  • iPad sales: 11.8 million units, a 151 percent growth over the year-ago quarter
  • Mac sales: 4 million units, a 7 percent growth over the year-ago quarter
  • iPod sales: 7.7 million units, a 15 percent decline from the year-ago quarter
  • iCloud customers: 125 million
  • Apple store revenues: $4.4 billion, up 38 percent from last year

Read more at VentureBeat.com.
 
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