TweakTown
Tech content trusted by users in North America and around the world
5,667 Reviews & Articles | 36,021 News Posts

Apple's Q2 results released, Apple pulled in $9.5bn in profit, $43.6bn in revenue

Apple reports Q2 earnings, record Q2 revenue, profit down from last year

| Business, Financial & Legal News | Posted: Apr 24, 2013 1:02 am

Today was a big day for Apple as they released their second quarter financial results. Apple's stock has been in a free fall as of late and this quarter's earnings needed to be good for Apple to stop their stock from falling any further. The official numbers are in and Apple pulled in a quarterly revenue of $43.6 billion, up from $39.2 billion for the second quarter of last year.

 

TweakTown image news/2/9/29900_1_apple_s_q2_results_released_apple_pulled_in_9_5bn_in_profit_43_6bn_in_revenue.png

 

While revenue was up, profit was down. Apple pulled in a net profit of $9.5 billion, down from $11.6 billion from the same quarter last year. Apple sold 37.4 million iPhones and 19.5 million iPads. During the same period last year, Apple sold 35.1 million iPhones and just 11.8 million iPads. Mac sales continue to be flat, with Apple selling just shy of 4 million units during the quarter.

 

Apple's stock price increased by roughly 5 percent during the conference call. It will be interesting to see how the stock fairs tomorrow during normal trading.

 

Tim Cook:

We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad. Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline.

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

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below