Shalom Life | October 25, 2014

Apple’s Q2 Earnings in a Nutshell

Apple reports another record quarter as the company release its fiscal Q2 2012 earnings

By: Ashley Baylen

Published: April 25th, 2012 in Business » World

Apple’s Q2 Earnings in a Nutshell

Apple exceeded their expectations for this fiscal quarter, announcing $39.2 billion in revenue with a quarterly net profit of $11.6 billion.

Apple reported an 88% unit growth in iPhone sales with 35.1 million devices being sold. iPads saw a 151% unit growth with 11.8 million devices sold, Macs saw a 7% increase with 4 million sold, and iPods unfortunately saw a decline of 15% with only 7.7 million sold.

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Apple’s CEO Tim Cook.

“The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

“Our record March quarter results drove $14 billion in cash flow from operations,” said Apple’s CFO Peter Oppenheimer.

“Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”

The report was released shortly before this afternoon’s Q2 20120 finanical results conference call. Apple will provide live streaming of the call at 5pm EST on April 24, 2012 at www.apple.com/quicktime/qtv/earningsq212.

If you miss the webcast, it will be available for replay in two weeks.

Wix Named 'Hottest Middle Eastern Startup' Wix Named 'Hottest Middle Eastern Startup' TrendingStartup Club: Hello Doctor Startup Club: Hello Doctor TrendingPÜR Gum Makes Long Lasting Impression on Dragon's Den PÜR Gum Makes Long Lasting Impression on Dragon's Den Trending
 

Seinfeld Finally Joins Facebook and Instagram [VIDEO]

October 24, 2014 | By Ashley Baylen
Seinfeld Finally Joins Facebook and Instagram [VIDEO]

A hilarious video shows Michael Richards asking Seinfeld to take out Netflix and Hulu.

Read More

Seth Rogen and Megan Fox Join James Franco’s ‘Zeroville’

October 24, 2014 | By Ashley Baylen
Seth Rogen and Megan Fox Join James Franco’s ‘Zeroville’

Rogen and Fox will be co-starring alongside Will Ferrell, Danny McBride and Dave Franco

Read More

Mila Kunis Dolls Are Coming To a Store Near You

October 24, 2014 | By Ashley Baylen
Mila Kunis Dolls Are Coming To a Store Near You

Adorable dolls featuring Mila Kunis and Channing Tatum in 'Jupiter Ascending' are coming out in January

Read More

Jews Around the World to Take Part in the Shabbat Project

October 24, 2014 | By Daniel Koren
Jews Around the World to Take Part in the Shabbat Project

Jews in 460 cities across the world to take part in the inspirational Jewish initiative, including Paula Abdul and Mayim Bialik

Read More

Wix Named 'Hottest Middle Eastern Startup'

October 24, 2014 | By Viva Sarah Press
Wix Named 'Hottest Middle Eastern Startup'

Inc. magazine credits Israeli DIY website creation platform with taking a complicated task and making it enjoyable

Read More

‘Fury’ A Blistering Account of World War II—Sans the Holocaust

October 24, 2014 | By Jason Stack, JNS.org
‘Fury’ A Blistering Account of World War II—Sans the Holocaust

The Brad Pitt and Shia LaBeouf-starring film essentially omits the brunt of the Holocaust from World War II

Read More

Israeli Company Shows that Energy Does in Fact Grow on Trees

October 24, 2014 | By NoCamels Team
Israeli Company Shows that Energy Does in Fact Grow on Trees

The eTree is a solar-powered urban habitat that is constructed from metal pipes and topped with solar panels

Read More

For the First Time Ever, Women of the Wall Hold Torah Reading at the Kotel

October 24, 2014 | By Kobi Nachshoni
For the First Time Ever, Women of the Wall Hold Torah Reading at the Kotel

Western Wall rabbi says "This will never happen again" after the group managed to smuggle a tiny scroll into the women's section of the Western Wall

Read More

More Headlines