Late last week, Apple Inc. (AAPL) reported its financial results third calendar quarter and fourth fiscal quarter of 2012. AAPL reported a net quarterly profit of $8.2 billion on $36.0 billion in revenue, which comes out to roughly $8.67 per diluted share. During the fourth fiscal quarter of 2011, Apple reported $28.27 billion in revenue with a net quarterly profit of $6.62 billion, coming out to about $7.05 per diluted share.
With each passing year, Apple has posted a higher quarterly revenue and profit, increasing its per share price by almost $1.67 per share since this time last year. With improvements in each quarter, Apple has set a record revenue for for fiscal 2012, reporting a total revenue of $156.5 billion with a net profit of $41.7 billion. Revenue and profit for fiscal 2012 comes in much higher than 2011, which brought in $108.2 billion in sales and $25.9 billion in profit.
Apple CEO Tim Cook mentioned last year that Asia, specifically China is a major growth opportunity for the company, which proved to be true in 2012. International sales accounted for over 60 percent of Apple’s revenue, which shows major growth from several years ago. During fiscal 2012, Apple sold 4.9 million Mac, an increase of 1 percent from over a year ago, 5.3 million iPods which declined 19 percent from a year ago. Although Apple is posting revenue increases each quarter, the company’s iPod sales have been declining for several quarters, with most sales coming from iPad and iPhone sales.
We’re very proud to end a fantastic fiscal year with record September quarter results,” said Tim Cook, Apple’s CEO. “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.
Apple expects revenue for the first quarter of fiscal 2013 to be yet another record with expected revenue of $52 billion and earnings per diluted share of $11.75. Apple has yet to include holiday sales for this year, which will likely be much higher than fiscal 2011, as Apple introduced an entirely new lineup of iPods, the new iPhone 5, as well as the iPad mini which is expected to be a major success this holiday.
{Via MacRumors}
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