Apple has just released its fiscal Q3 2012 earnings report, raking in $35.0 billion in revenue for the quarter, with a quarterly net profit of $8.8 billion. Apple sold a whopping 26 million iPhones in the quarter, 28 percent higher than fiscal Q3 2011. When it came to iPads, Apple sold 17 million during the quarter, a massive 84 percent increase over the same period last year.
Tim Cook is obviously elated with the news, and is bullish on Apple’s future product lineup, which the company believes will continue to drive growth in the remainder of 2012 and beyond.
“We’re thrilled with record sales of 17 million iPads in the June quarter. We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.” - Tim Cook, CEO, Apple
With the news of a strong financial quarter, the company will issue a dividend of $2.65 per share to all common stock shareholders, payable on August 16, 2012. Apple will be taking to the phones for a live earnings conference call at 2:00pm PDT, and we’ll be listening in to bring you additional goods from the earnings call. For now, it looks like continued record success for Cupertino, with the world’s most valuable company showing little to no signs of slowing down.
Apple’s stock plunged over 5.5% ($33.12) to $567.80 in after-hours trading.