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Apple Beats Street in Q4 with $36B in Revenue

by Todd Haselton | October 25, 2012October 25, 2012 1:33 pm PST

Apple - Earnings - Money

Apple just announced its fourth quarter 2012 earnings $8.67 billion versus street estimates of $8.85 billion in revenue. The company also reported $8.8 billion in net profit. Apple said it sold 25.9 million iPhones during the fourth quarter, 58% more than it sold during the same time period last year, 14M iPads (up 26% year-on-year), 5.2 million iPods (down 19%) and 4.9 million Macs (up 1%).

“We’re very proud to end a fantastic fiscal year with record September quarter results,” Apple CEO Tim Cook said. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...