iPhone: Apple’s Q2 FY12 Results: 35.1 Million iPhones, 11.8 Million iPads, $39.2 Billion

iPhone

Apple's Q2 FY12 Results: 35.1 Million iPhones, 11.8 Million iPads, $39.2 Billion Apr 24th 2012, 20:55 The number crunchers in Cupertino are notorious for conservative estimates when it comes to forecasting revenue for the next quarter, but Apple has managed to exceed Wall Street's expectations yet again with $39.2 billion in revenue for their fiscal second quarter. Apple has released fiscal second quarter results for 2012 for the period ending March 31, and it's another blockbuster indeed. Cupertino posted $39.2 billion in quarterly revenue with a net profit of $11.6 billion, or $12.30 per diluted share. That's a net profit increase of 94 percent over last year for the same period, where Apple raked in a mere $24.7 billion and net profit of only $6 billion ($6.40 per diluted share). International sales continue to make up a huge chunk of Apple's income, accounting for 64 percent of the revenue for the fiscal second quarter. The iPhone was yet again one of the stars of the show in Q2 FY12, with 35.1 million handsets sold during the quarter for an 88 percent unit growth year-over-year. But the iPad wasn't exactly a slouch either, racking up 11.8 million units thanks to an accelerated international launch, for a 151 percent increase over the same quarter last year. "We're thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter," said CEO Tim Cook in a press release ahead of the company's quarterly earnings call with investors. "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." The Mac is still going strong as well, with Apple moving four million units even without a recent product refresh, for a seven percent increase from the same quarter in 2011. While iPod sales declined 15 percent compared to last year, Apple still pushed 7.7 million units into the market, which is more than many MP3 player manufacturers manage to do in an entire year. "Our record March quarter results drove $14 billion in cash flow from operations," said Apple 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." Stay tuned for updates from Apple's live conference call! Follow this article's author, J.R. Bookwalter on Twitter

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