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Apple Q4 Numbers released and $2.65 Dividend per Share Coming

Apple announced financial results for its fiscal 2012 fourth quarter ended September 29, 2012.

Oct 26 2012, 1:38am CDT | by

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Apple Q4 Numbers released and $2.65 Dividend per Share Coming
 
 

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Apple Q4 Numbers released and $2.65 Dividend per Share Coming

Apple posted quarterly revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40% compared to 40.3% in the year-ago quarter. International sales accounted for 60% of the quarter’s revenue.

Apple sold 26.9 million iPhones in the quarter, representing 58% unit growth over the year-ago quarter. Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter. The Company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter. Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.

Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on November 15, 2012, to shareholders of record as of the close of business on November 12, 2012.

“We’re very proud to end a fantastic fiscal year with record September quarter results,” said Tim Cook, Apple’s CEO. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”
Analysts had expected more profits. The iPad sales have slowed because of the iPad mini announcement. With the introduction of the iPad mini and the iPad 4 Apple is poised to have a fantastic Q1 2013 driven by holiday sales.
 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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