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Apple Q2 Earnings show net profit of $11.6 billion, $39.2 billion in revenue

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Apple Q2 Earnings show net profit of $11.6 billion, $39.2 billion in revenue

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Talk about big bucks, while companies stubble to hit the million mark, Apple continues to show good results Quarter over Quarter. The new numbers rank in at US $ 39.2 Billion in Revenue for the company , with upwards of 30 million iPhones sold and 12 million iPads sold.

 The new $12.30 earnings per share, compared to an estimated $10.04 earnings per share – adds up to $39.2 billion in revenue and $11.6 billion in profit. The iPhone sales show an 88% growth from the previous years quarter and the iPad sales show a whopping 151% increase over the last years same quarter. 

Apple also sold over 4 million Mac units, making it a 7 % increase, with the same quarter last year.

 

We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter. The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

-Tim Cook , CEO Apple

In a comparison with the last 2 years, Apple’s profits ar double compared to Q2 2011, and Four times compared to Q2 2010.

[Apple]

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Bharat Nagpal
Founder and Chief Editor of iGyaan. Bharat likes to keep on top of technology ! Follow Him on Google Plus : Google+