Apple has announced the results of its third fiscal quarter, which ended on June 30th. Revenue increased 23 percent year-over-year to $35 billion, generating a net income of $8.8 billion, or $9.32 per share; in Q3 2011, by contrast, Apple reported $7.3 billion in income, rated at $7.79 per share. The increase might nevertheless be a disappointment to analysts, since the consensus forecast was $37.2 billion in revenue with EPS of $10.35.
Apple saw a gross margin of 42.8 percent during the recent quarter, up from 41.7 percent. International sales represented 62 percent of revenue.
The company shipped 26 million iPhones and 17 million iPads, while Mac numbers amounted to 4 million. iPods came in at 6.8 million. Looking ahead to the fourth quarter, the company is offering guidance of $34 billion in revenue and $7.65 in EPS. As a part of its previously-announced dividend plan, the Apple board of directors has declared a dividend of $2.65 per share, payable on August 16th to anyone owning shares at the close of business on August 13th.
By Electronista Staff