The entry of the latest iPad and go on strong sales for the iPhone and Mac helped Apple nearly double its net profit for the fiscal second one-quarter .
On Tuesday , the company reported a net profit of $ 11.6 billion on revenue of $ 39.2 billion for the quarter ended March 31 , 2012 . Those are respective increase of 94 percent and 59 percentage from the 2011 second quarter . Apple ’s net income read to earnings of $ 12.30 per share , up from $ 6.40 a share last class ; analysts were looking for earnings of $ 10.06 a share for the quarter .
All told , Apple tallied record March fourth cut-rate sale for its iPad , iPhone , and Mac card . The troupe also envision track record result for its retail stores during what master financial ship’s officer Peter Oppenheimer call “ the most awe-inspiring March quarter that Apple has ever had . ”
iPad launch
It was a big poop for Apple ’s iPad business sector as the companylaunched the third - generation lozenge on March 16and cut the launching level cost to $ 399 for the iPad 2 . While those move came late in the quarter , Apple sell 11.8 million pad of paper during the quarter , up from 151 pct in the year - ago period .
In damage of taxation , Apple tape $ 6.6 billion from iPad sales , up from $ 2.8 billion in the year - ago fourth part .
Apple executive also mention on Tuesday that the iPad is cover the companionship ’s make into young markets . grant to Oppenheimer , Apple betray two iPads for every Mac buy by one of its K-12 education client in the U.S.—and that was during a record March quarter for Mac sales . Oppenheimer also touted the iPad ’s presence in the enterprise , specifically citing the U.S. Air Force ’s deployment of “ thou ” of iPads as technical flight pocketbook .
“ The iPad continues to open new doors to customers with whom Apple had no old kinship , ” Oppenheimer said .
“ The iPad has taken off not only among consumers in a very meaningful way , but also in education and in enterprise , ” Apple CEO Tim Cook added during the conference call . “ It ’s sort of everywhere you look now . ”
iPhone sales and iOS growth
iPhone numbers were also secure for Apple during the after part . The party sold 35.1 million phones between January and March , an 88 percent jump from yr - agone iPhone sale and a record for the March twenty-five percent . That outpaced the growth of the overall smartphone market place , in which sales increased 42 pct twelvemonth over class .
Revenue from the iPhone grew 85 percentage from last twelvemonth ’s second quarter to $ 22.69 billion .
In particular , Apple did zippy iPhone business in the Far East . Sales more than doubled in the Asia Pacific and Japan markets , consort to Oppenheimer . In China , iPhone sale increase five fourth dimension from last twelvemonth , helped by the iPhone 4S ’s outlet in that country in January and theaddition of China Telecom as an iPhone carrierin March .
Apple terminate the twenty-five percent with the iPhone 4S available in 100 area with 230 carriers offer the smartphone .
Looking at both the iPhone and iPad numbers for the stern , it ’s easy to see how crucial the iOS platform has become to Apple ’s concern . The two products combined for $ 29.2 billion in revenue — that ’s three - quarter of the gross Apple brought in during the 2nd quarter .
Oppenheimer says iOS gimmick sale — which include the iPod touch — total 50 million during the March quarter . Apple ’s accumulative iOS machine sales have grow to 365 million unit of measurement .
The App Store now carries more than 600,000 apps , with a third of those specifically built for Apple ’s iPad .
Mac growth and Apple retail
Mac sales also set a March quarter criminal record . The company sell 4 million Macs , an step-up of 7 pct from the year - ago fourth . The entire microcomputer industry grew 2 percent during the March quartern , making it six full years that Apple ’s Mac business has outpace the demand for PCs overall .
laptop computer are still the driver for Apple ’s Mac business . The 2.8 million portable Macs sold during the quarter represent 70 percent of Mac sales . Besides illustrating the grandness of the MacBook Pro and MacBook Air to Apple ’s fortunes , that figure could also indicate that Apple ’s desktop batting order is capture long in the tooth . The iMac last realise an overhaulnearly a year agowhile the Mac mini has stay unchanged since July 2011 . The Mac Pro is approaching the second day of remembrance of its last update .
The Asia Pacific market hear the biggest start in Mac unit sales , with a 29 percent raise from last year . Other world markets see single - digit emergence in Mac sales .
Apple ’s Mac sale may be outpacing the diligence growth rate , thanks in some part to the company ’s brick - and - mortar retail effort . Apple sound out it sold 826,000 Macs at its retail outlets in the 2nd one-fourth — about 20 percent of all the Macs it sell during the three - month period . About half the Macs sold at Apple Stores were to customers new to the weapons platform .
Speaking of Apple retail , Apple terminate the quarter with 363 entrepot , after opening two young ones in Amsterdam and Houston . Retail revenue of $ 4.4 billion for the fourth part was up 38 percent from last year . It was the retail section ’s secondly - large poop of gross sales , behind only first quarter of 2012 , which admit the vacation shopping time of year .
iPods fall, iTunes rises
iPod sales continued their decline . Apple sell 7.7 million euphony players , a drop of 15 per centum from the second poop of 2011 . iPod sales actually came in ahead of Apple ’s expectations for the quarter , consort to Oppenheimer , with Apple take to focus on the fact that the higher - priced iPod speck represent more than half of the iPods sold during the quarter . Even with its declining sales , the iPod remains the mart loss leader among MP3 players , according to Apple ’s figures .
The company was much more eager to talk about the growth of its iTunes Store , which also saw record book revenue of $ 1.9 billion during the poop . That ’s an increment of 35 pct from last year ’s reckoning , with music , video , and app gross sales driving the outgrowth .
Other notes
Apple executives unveil a few other interesting details about the stern during their briefing with analysts . The company ended the quarter with $ 110 billion in cash — a office that figures to change in July when Apple starts paying out a$2.65 per share dividendto shareholders . Oppenheimer said the company would leave more information about that dividend program in July .
Apple continues to do a astounding amount of business in China . Cook secern analysts the ship’s company recorded $ 7.9 billion in sales from that country during the second quarter , three clock time the amount of revenue it took in during the year - ago period . The $ 12.4 billion in revenue Apple has seen in China during the first six month of its 2012 financial year nearly matches its revenue from that country for all of 2011 . Cook credit pen - up requirement for the iPhone 4S and inviolable iPad 2 demand for much of that growth , which is also create a annulus effect for Mac sales in China .
The quarter ahead
Oppenheimer say analysts to expect revenue of $ 34 billion and remuneration per share of $ 8.68 for the June quarter . That compares to tax income of $ 28.57 billion and earnings of $ 7.79 per percentage for thefiscal third quarter of 2011 .
Apple ’s forecasted numbers would be a consecutive drop from the revenue and net profit the fellowship just reported for its 2d stern . Oppenheimer tell the company is expect a successive decline in iPhone sales , as Apple had ramped up inventory to meet pent - up need . The society was also able to live up to demand for the new iPad , thanks to a significant supply of tablets . The blue entry cost for the iPad 2 and a stronger U.S. dollar are also factors in Apple ’s prognosis .
Still , Oppenheimer and other Apple executive were bullish on the company ’s fortunes going forward . “ We just reported the most amazing March after part that Apple ’s ever had , ” Oppenheimer said . “ We feel very good about our business and our intersection pipeline . ”
Updated at 2:58 p.m. PT with more detail about Apple ’s quarterly iPad sales and with charts . Updated at 3:29 p.m. PT with more iPhone sale figures . Updated at 3:52 p.m. PT to include Mac , iPod , Apple Store , and iTunes sale Book of Numbers . update at 4:10 p.m. PT with more notes from Apple ’s conference call .
