Apple’s 2013 second quarter, ended March 30th, has been a financial success, as the company recently stated in its April 23rd report. The quarterly revenue totaled $43.6 billion, and international sales accounted for 66% of this; the net profit was $9.5 billion, or $10.09 per diluted share, and the gross margin was 37.5%. In the year-ago quarter, the revenue was slightly lower at $39.2 billion, but the gross margin and net profit were both higher at 47.4% and $11.6 billion ($12.30 per diluted share), respectively.
37.4 million iPhones, 19.5 million iPads, and 4 million Macs were sold in the quarter, a general increase from the previous quarter, in which 35.1 million iPhones, 11.8 million iPads, and an equivalent number of Macs were sold.
In general, there was a total $12.5 billion in cash flow from operations and an ending balance of $145 billion, as the CFO of Apple, Peter Oppenheimer, stated.
As for the third quarter, the company projects revenue near $33.5 to $35.5 billion and a gross margin between 36 and 37%. Their operating expenses are likely to be from $3.85-95 billion, miscellaneous expenses of $300, and a tax rate of approximately 26%.
On the whole, Apple’s financial status remains robust as usual, thanks to its continuing innovation.
Apple also announced that everyone should expect exciting news coming this fall and all of next year. Of course, taken into context, we technically could still have an introduction of something in the next few months anyways since he did not explicitly say we wouldn’t have something in the next few months. That said, the chances of it happening are almost nada.
-Erin