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