January 19, 2018

Apple Q4 2012 earnings: $35.97 billion in revenue, $8.2 billion net profit, narrowly beats estimates

Apple Q4 2012 earnings

Just a day after introducing the iPad mini, a revised iMac, a 4th-generation iPad and a retooled Mac mini, the company is outing its Q4 2012 earnings — and it looks as if it has narrowly edged Wall Street estimates. Revenue was pegged at $ 35.97 billion (compared to estimates of $ 35.08 billion), with net profit at $ 8.2 billion. For the sake of comparison, the outfit’s four quarter of 2011 saw $ 28.27 billion in revenue alongside $ 6.62 billion net profit — at the time, those comically large numbers were actually not up to Wall Street’s comical expectations. If you’re looking for a quarter-over-quarter comparison, the company’s Q3 2012 report showed $ 35 billion in total revenue, with $ 8.8 billion in net profits.

The company is guiding for $ 52 billion in revenues for Q1 2013, while announcing that it sold 26.9 million iPhones (up from 17.01 million a year ago), 14 million iPads (up from 11.12 million) and 5 million Macs (up from 4.89 million) in this quarter. Naturally, the company is expecting its next earnings report to be the one that blows everyone away, with holiday sales — combined with a slew of new kit — to propel things leading into 2013. Apple also announced that shareholders that hold stock as of November 12th will pick up a $ 2.65 / share dividend.

Developing…

Filed under: Cellphones, Desktops, Laptops, Apple

Apple Q4 2012 earnings: $ 35.97 billion in revenue, $ 8.2 billion net profit, narrowly beats estimates originally appeared on Engadget on Thu, 25 Oct 2012 16:31:00 EDT. Please see our terms for use of feeds.

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