Apple Q4 earnings: $36b revenues; sells 26.9m iPhones, 14m iPads, 4.9m Macs and 5.3m iPods

Apple has just released its Q4 2012 results for the June-September quarter and results are in line with street expectations. The company reported expected revenues of $36 billion with $8.67 earnings per share, which is lower than what analysts expected. Nevertheless, the iPhone killed it with 26.9
million units sold during the quarter, which is impressive considering it does not represent even a week’s worth of iPhone sales in stores. This is a 58 percent increase year-on-year. It also sold 14 million iPads (26 percent growth YoY), 4.9 million macs (1 percent growth YoY) and 5.3 million iPods (19 percent decline YoY). International sales accounted for 60 percent of Apple’s revenues with a gross margin of 40 percent compared to 40.3 percent in the year-ago quarter.
“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.”
Apple is expecting a record breaking $51 billion in revenues in the upcoming quarter as it heads into the holiday season with a refreshed line-up of iPhone, iPods, iPads and Macs. “We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75.”