TweakTown
Tech content trusted by users in North America and around the world
5,911 Reviews & Articles | 38,065 News Posts

Apple reports Q4 2012 financial results, $36 billion in revenue, only 26.9 million iPhones sold

Apple's Q4 numbers are out, $36 billion in revenue, 26.9 million iPhones sold

| Business, Financial & Legal News | Posted: Oct 26, 2012 2:33 am

Here we are again, three months later and we have Apple's Q4 financial results to share with you. Not long after the Cupertino-based company unveiled their new iPad mini, fourth-generation iPad and refreshed Macs, their Q4 financial results are surprising in more ways than one.

 

TweakTown image news/2/6/26410_06_apple_reports_q4_2012_financial_results_36_billion_in_revenue_only_26_9_million_iphones_sold.jpg

 

Apple posted a revenue of $35.97 billion with a net income of $8.2 billion, up from $28.27 billion and $6.62 billion this time last year. Apple's earnings fell short of analysts' expectations of $8.75 per share, reaching just $8.67 per share. Apple reportedly lowered their forecast for the first quarter of fiscal 2013 from diluted earnings per share of $15.49 on revenue of $55 billion to $11.75 on revenue of $52 billion.

 

Analysts are pegging this on continuing supply problems, but I have a different idea. During the quarter, Apple sold just 26.9 million iPhones, 14 million iPads, 5.3 million iPods and 4.9 million Macs. iPhone shipments beat analysts' expectations by over 500,000 units, but fell short of analysts' expectations on iPad shipments by around 1 million units.

 

Considering Apple stated that rumors of the iPhone 5 were hurting the last quarters sales, the next quarter should be up past 35 million, once again. So two quarters ago we were seeing 35.1 million, last quarter dropped to 26 million, this quarter also saw iPhone sales hit 26 million, meaning that next quarter really needs to jump up, or Apple are down huge numbers on iPhone sales, over 10 million per quarter, two quarters running.

NEWS SOURCE
Apple.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases