Apple reports 2013 Q3 earnings: $6.9b profit on $35.3b revenue

On July 23 Apple reported its third quarter financial results. Apple posted a $6.9 billion profit on $35.3 billion in revenue. Compare this to one year ago, that’s down from a profit of $8.8 billion and slightly up on $38 billion in revenue. Says CEO Tim Cook: “We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services. We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”

Now let’s break it down by product category. Apple sold 31.2 million iPhones in the quarter (compared to 26 million in the year-ago quarter); 14.6 million iPads (compared to 17 million); 3.8 million Macs (compared to 4 million); and iPod sales dropped 32 percent year-over-year.

Looking ahead to the fourth fiscal quarter of 2013, Apple CFO Peter Oppenheimer expects revenue between $34 billion and $37 billion.

[Via Apple]

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