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Tuesday, April 24, 2012
Apple Reports Record March Quarter Sales of iPhones, iPads and Macs

Apple posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion, boosted by strong sales of iPhones and iPads.

Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter?s revenue.

The company said that it sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple also sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. Macs sales reached 4 million units during the quarter, a 7 percent unit increase over the year-ago quarter. Apple also sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.

"We're thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter," said Tim Cook, Apple's CEO.

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