Apple Inc. has reported a record sale of iPhones, iPads and Macs in the March quarter this year and an increase of 94% in net profit year over year.
[hana-code-insert name=’StumbleUpon’ /][hana-code-insert name=’Reddit’ /]The Company has reported the quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. 64% of this quarter’s revenue came from the international sales.
In this quarter, the company has sold about 35.1 million iPhones and 11.8 million iPads i.e. 88% and 151% unit growth over the year ago quarter respectively. The company has seen 7% unit increase in the sale of Macs i.e. 4 million Macs over the year ago quarter. In the case of iPods, Apple has seen a downward trend i.e. 15% unit decline.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “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.”
“Our record March quarter results drove $14 billion in cash flow from operations,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”