Apple has announced financial results for its 13-week fiscal 2013 first quarter, which ended December 29, 2012. The company posted record quarterly revenues of US$54.5 billion and record quarterly net profit of US$13.1 billion, or US$13.81 per diluted share. These results compare to revenues of US$46.3 billion and net profit of US$13.1 billion, or US$13.87 per diluted share in the 14-week quarter during the previous year. Gross margin was 38.6% compared to 44.7% in the same time period the previous year and international sales accounted for 61% of the quarter's revenues, according to Apple.
The company sold a record 47.8 million iPhones and also a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. Apple also sold 4.1 million Macs, compared to 5.2 million in the year-ago quarter and sold 12.7 million iPods in the quarter, up from 15.4 million on year, said Apple.
Apple's Board of Directors has declared a cash dividend of US$2.65 per share of the company's common stock. The dividend is payable on February 14, 2013, to shareholders of record as of the close of business on February 11, 2013, noted the company.
"We're thrilled with record revenue of over US$54 billion and sales of over 75 million iOS devices in a single quarter," said Apple CEO Tim Cook. "We're very confident in our product pipeline as we continue to focus on innovation and making the best products in the world."
"We're pleased to have generated over US$23 billion in cash flow from operations during the quarter," said Apple's CFO Peter Oppenheimer. "We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple's highest quarterly revenues ever." |