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Apple: revenues $ 35.3 billion, profits of $ 6.9 billion in the fiscal quarter III

apple-revenues-35-3-billion-profits-6-9-billion-fiscal-quarter-iii-raqwe.com-01

In III quarter of 2012-2013 fiscal year (ended June 29, 2013), Apple’s net profit declined 21.8% to $ 6.9 billion compared with the figure of $ 8.82 billion received in the same period last year. The company’s revenue in the III quarter of fiscal grew by 1% to $ 35.3 billion.

Despite the decline in net income on an annual basis the financial results of Apple surpassed Wall Street’s expectations. Analysts polled by Reuters, had forecast earnings per share of $ 7.32 and revenue of $ 35 billion Shares producer iPad on an extended session jumped over 4%.

In the reporting quarter was sold 31.2 million smartphones iPhone with the forecast of analysts 26,100,000 shares. Apple has named this volume record for the third quarter – a 20% increase over the same quarter last year.

“We are particularly pleased with the record-breaking sales for the quarter iPhone, as well as the steady growth of revenue online iTunes store and units of software and services,” – said CEO Tim Cook

However, the implementation of iPad decreased compared to the previous year by 14% to 14.6 million units. Enders Analysis analyst Ben Evans explained the drop in sales of tablets reduced purchasing activity of users expecting the emergence of new models.

In the II quarter of 2012-2013 fiscal year, Apple total revenue increased by 11% compared to the same period last year to $ 43.6 billion

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