Apple’s latest monster quarter: $42.1bn revenues and $8.5bn net profit


Apple reported its latest quarterly financials last night, and as results go they were pretty stonking. The company’s revenues rose 12.3% year-on-year to $42.1bn for the quarter, while its net profit rose 13.3% to $8.5bn.
In the third quarter of this year – Apple’s fiscal fourth quarter – the company sold 39.3m iPhones, 12.3m iPads, 5.5m Mac computers and 2.6m iPods, while the company’s iTunes Store set a new record for billings of $5.4bn, albeit fuelled more by apps than music, as the App Store passed 85bn total downloads during the quarter.

Stuart Dredge

Read More: Analysis News
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