Apple Releases Quarter 3 Earnings
Apple has just announced their final results of quarter 3 for this year. Apple posted revenue of $35.3 billion and $6.9 billion in net profit. This comes out to be $7.47 per diluted share. Apple did a little better on revenue from the year-ago quarter with a $.3 billion increase. However, they dropped $1.9 billion in net profit and $1.85 per diluted share from the year-ago quarter. Also, as compared to last quarter they didn’t do as good.
iPhone unit sales reached 31.2 million, compared to 26 million in the year-ago quarter. They also sold 14.6 million iPads, compared to 17 million in the year-ago quarter. Finally, Apple sold 3.8 million Macs, compared to 4 million in the year-ago quarter.
You can read Apple’s whole press release here.