Apple Q3 Report
These days we’re focusing onto the financial results of the major companies in the IT & communication industry, and here’s some more info. Apple has just posted its report for Q3 of the year, and things are looking good. The revenue was $36 billion and the net profit stood at $8.2 billion, both of those looking very favorably if compared to the numbers from the same period of last year ($28.3 billion and $6.6 billion).
A bit surprisingly perhaps is the fact that Apple didn’t manage to better its achievement from the second quarter of this year, despite the launch of the iPhone 5. The iPhone sales were somewhat disappointing at 26.9 million units, compared to 35.1 million in Q2. The iPad shipments stood at 14 million units, compared to 17 million in the previous quarter, while Mac sales grew from 4 million to 4.9 million. Despite the refresh of the lineup, the iPod sales slid to 5.3 million units from 6.8 million in Q2.
Now Apple is expecting a strong holiday quarter, fuelled by the launch of the iPad mini, the 4th generation iPad, and the extended availability of the iPhone 5, that will probably bring the company back to the right track.
You can find the complete Apple report by following the source link below: