Apple’s Second Quarter Profits and Sales: Crazy as Usual
No company’s quarterly reports interest anyone – except Apple’s. Oh, they still don’t interest you? Well, I don’t like your shirt, so there! Apple is the most valuable company in the world. Their devices have integrated themselves into most of our lives, and changed the way a lot of us listen to music. This is why people care about the numbers and care about their next steps.
Justification preamble aside, Apple’s Q2 results were, well, great. They sold 35 million iPhones, and have 125 million users on iCloud, which was launched last October (via Slash Gear). They’ve also sold an impressive 11.8 million iPads.
Let’s talk dollars now. Their quarterly revenue was a ridiculous $39.2 billion, with a net profit of $11.6 billion (via iPhone in Canada). The same quarter in 2011 has a revenue of $24.7 billion and a profit of $6.0 billion, showing that Apple just won’t stop growing (like that weird 3rd nipple of mine).
It appears China is the market that everyone should be targeting (having a billion people doesn’t hurt). Apple’s revenue in China alone was $7.9 billion in Q2, triple what it was last year (via Tech Crunch).
Now, can we stop talking profits and start talking iPhone 5 / iPad Mini / iPhone mini / other ridiculous Apple rumours?