Apple Reports Results for Q3 2012: $8.8 Billion Profit on $35 Billion in Revenue
Apple today announced financial results for the second calendar quarter and third fiscal quarter of 2012. For the quarter, Apple posted revenue of $35.0 billion and net quarterly profit of $8.8 billion, or $9.32 per diluted share, compared to revenue of $28.57 billion and net quarterly profit of $7.31 billion, or $7.79 per diluted share, in the year-ago quarter.
This will be considered a big “miss” for Apple, as it is dramatically weaker than what analysts were expecting. The company did beat its own guidance, however. Last quarter, Apple said it would make…
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Apple Reports Results for Q3 2012: $8.8 Billion Profit on $35 Billion in Revenue
Eric Slivka – macrumors.com
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