Apple has posted revenue of $35.3 billion and net quarterly profit of $6.9 billion, or $7.47 per diluted share in the third fiscal quarter of 2013 (second calendar quarter), compared to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter.
Here’s a break up of the numbers by product:
- Apple sold 31.2Â million iPhones in the quarter, compared to 26 million in the year-ago quarter.
- Apple sold 14.6Â million iPads during the quarter, compared to 17 million in the year-ago quarter.
- Apple also sold 4.56 million iPods during the quarter, compared to 6.8 million in the year ago quarter.
- The company also sold 3.8 million Macs, compared to 4 million in the year-ago quarter.
Apple’s gross margins have dropped significantly. The gross margins was 36.9 percent compared to 42.8 percent in the year-ago quarter. iPhone average selling price (ASP) was down to $581 compared to $613 in the last quarter, suggesting that customers increasingly buying Apple’s lower priced iPhone 4S, and iPhone 4 .
Apple added $7.8 billion in cash flow from operations during the quarter. The company’s board of directors have declared a cash dividend of $3.05 per share, payable on August 15 2013.
Apple’s CEO, Tim Cook said:
“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services. We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.â€
Apple will host a conference call at 5:00 PM Eastern / 2:00 PM Pacific to discuss its Q3 2013 earning results. It will provide live streaming of its Q3 2013 financial results conference call at www.apple.com/quicktime/qtv/earningsq313 [1] .
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