Apple’s Q3 profits, iPad sales dip, while iPhone sales reach over 31M


Apple on Tuesday reported fiscal third-quarter revenues of $35.3 billion and profits of $6.9 billion, or $7.47 per share. The revenue number is basically even with Apple’s results from a year ago, but its profits were off by almost $2 billion. Revenues were mostly in line with Wall Street’s expectations of $35.09 billion and slightly above its earnings per share expectation of around $7.31. Apple(s AAPL) itself had predicted revenues between $33.5 billion and $35.5 billion.

While Mac and iPad shipments dropped from the same quarter a year ago, iPhone shipments actually grew 20 percent:

  • 31.2 million iPhones shipped, versus 26 million a year ago
  • 14.6 million iPads shipped, versus 17 million last year this time
  • 3.8 million Macs shipped, compared to 4 million a year ago

iPhone unit sales, Apple, 2010-present

The iPad sales dip was mostly expected since the April-June quarter a year ago was the first quarter of sales for the third-generation iPad. Apple skipped a…

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