Today, Apple released financial results for the fourth quarter of fiscal year 2012.
- Revenue was $36.0 billion, an increase of 27% year-over-year
- Profit was $8.2 billion, an increase of 24% year-over-year
- Earnings per share were $8.67, an increase of 23% year-over-year
- Apple now has $121.3 billion in cash, an increase of $4 billion
- Gross margin was 40.0%, down from 40.3% year-over-year
Apple sold 26.9 million iPhones, representing an increase of 58% year-over-year. The iPhone accounted for $17.1 billion in revenue - an increase of 56% year-over-year - and comprised 48% of the total quarterly revenue. Keep in mind, the iPhone 5 was only on sale for four days in the fourth quarter.
Apple sold 14 million iPads in the quarter, an increase of 26% year-over-year. The iPad accounted for $7.5 billion in revenue - an increase of 9% year-over-year - and comprised 21% of the quarterly revenue.
The iPod again saw declining sales. Year-over-year sales dropped 19% to 5.3 million units. Despite the decline, Apple still claims a 70% market share in music players.
Apple sold 4.9 millions Macs - 1.3 million desktops and 3.6 million laptops - representing a tepid 1% year-over-year increase. This is the 26th consecutive quarter that Apple has outpaced the PC market.
The Apple TV saw sales of 1.3 million units. This thing is still described as a “hobby.”
- Apple set record fourth-quarter sales for iPhone, iPad and Mac unit sales
- They also set quarterly records for revenue and profit
The Year In Review
- Apple posted revenue of 156.5 billion, a 45% increase from 2011
- Apple posted profits of $41.7 billion, a 61% increase from 2011
- Mac desktop sales totaled 5 million
- Mac desktop sales totaled 13 million
- iPhone sales totaled 125 million
- iPad sales totaled 35 million
- Apple TV sales totaled 5 million
- The next quarter will include iPhone 5, iPad mini, new iPods, new iMacs, new retina MacBook Pros, and more.
- Apple expects to post record revenue of $52 billion in the first quarter FY2013.
- News organizations that report this quarter as a “miss” because Apple didn’t meet expectations of analysts - err, external guessers - even when the company met internal expectations and had record sales are hereby banished to redemption island.
- Holy crap that’s a lot of money!