Fantastic Fiscal Year End for Apple: $8.2 Billion Profit for Q4 2012
This week Apple made public the financial results for Q4, the quarter that ends its 2012 fiscal year. The quarter ended with Apple making a net profit of $8.2 billion.
On the 29th of September 2012, Apple’s fiscal 2012 fourth quarter came to an end. Yesterday, October 25th, Apple made public the financial results for its Q4 2012. Here are the main highlights:
Just to put things in perspective, I remind you that in Q4 2011 Apple reported total revenue of $28.3 billion and net profit of $6.6 billion. I also remind you that in the previous quarter, Q3 2012, Apple reported quarterly net profit of $8.8 billion and quarterly revenue of $35 billion.
Tim Cook, Apple’s CEO, had this to comment about the end of the fiscal year:
“We’re very proud to end a fantastic fiscal year with record September quarter results. 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.”
And here is what Peter Oppenheimer, Apple’s CFO, had to say about the same topic:
“We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. 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.”
When Apple releases information about its quarterly results, it also tells the world how much merchandise it sold – Q4 2012 abides to this tradition. Apple explained that during the quarter that ended its fiscal year it sold:
On the 29th of September 2012, Apple’s fiscal 2012 fourth quarter came to an end. Yesterday, October 25th, Apple made public the financial results for its Q4 2012. Here are the main highlights:
- $36.0 billion quarterly revenue.
- $8.2 billion quarterly net profit.
- $8.67 per diluted share.
- $2.65 per share cash dividend for the common stock.
Just to put things in perspective, I remind you that in Q4 2011 Apple reported total revenue of $28.3 billion and net profit of $6.6 billion. I also remind you that in the previous quarter, Q3 2012, Apple reported quarterly net profit of $8.8 billion and quarterly revenue of $35 billion.
Tim Cook, Apple’s CEO, had this to comment about the end of the fiscal year:
“We’re very proud to end a fantastic fiscal year with record September quarter results. 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.”
And here is what Peter Oppenheimer, Apple’s CFO, had to say about the same topic:
“We’re pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. 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.”
When Apple releases information about its quarterly results, it also tells the world how much merchandise it sold – Q4 2012 abides to this tradition. Apple explained that during the quarter that ended its fiscal year it sold:
- 26.9 million iPhones
- 14.0 million iPads
- 4.9 million Macs
- 5.3 million iPods
