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Apple 8.700 Million Euros Profit in Second Quarter of 2012

Apple 8.700 Million Euros Profit in Second Quarter of 2012: Apple achieved a net profit of 8,790 million euros (11,600 million) during the second quarter of fiscal year 2012, with quarterly sales of 29.705 million euros (39,200 million).

The company Apple on Tuesday announced financial results for the second quarter, ended March 31, which has achieved a gross margin of 47.4% (41.4% versus the same quarter of previous year). Thus, the net profit of the company founded by Steve Jobs amounted to 8,790 million euros (11,600 million), compared to 4.546 million euros (6,000 million) earned in the same quarter last year.

Sales in the second quarter amounted to 29.705 million euros (39,200 million), 64% of which were performed outside the United States, representing an increase over the same quarter last year, which ended with 18,717 million euros (24,700 million).

It has also sold 11.8 million iPhone during the quarter – an increase of 151% over the same quarter last year – and iPhone 35.1 million (an increase of 88%), 7.7 million iPod (an increase of 15%) and 4 million Macs (up 7%).

“We are delighted with the sale of more than 35 million iPhones and almost 12 million iPhone in the March quarter,” said Apple CEO Tim Cook, who has stressed the “exceptional” premiere of the new iPhone and has anticipated that during this year “will be many more examples of the style of innovation that only Apple can offer.”

For its part, Apple’s CFO, Peter Oppenheimer, said that for the third quarter of fiscal year the company expects sales of approximately 34,000 million dollars (25,767,000 euros) and diluted earnings close to the 8.68 per share.

Muhammad Ali Zeeshan
Muhammad Ali Zeeshan
Article Posted By Muhammad Ali Zeeshan. Founder and CEO of Hubsubpost. I am a student of learning new techs and use as a profession also providing solution for your loving gadgets. Thanks
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