News by Andrew Kameka on Monday October 28, 2013.
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Apple today released its earnings report for the fourth quarter of its fiscal year 2013. For the three months ending on September 28, Apple sold more iPhones than it ever has in the quarter, and increased its sales totals for the iPad compared to the previous year. Apple sold 33.8 million iPhones for the September quarter, up from the 26.9 million sold during the same period in 2012. A significant reason for the increase was that thanks to a record opening weekend selling the latest iPhone in more countries and having a second model to sell, the iPhone 5C.
Strong sales throughout the quarter showed that Apple is consistently selling its smartphones to a large number of customers. The company also saw a slight uptick in tablets as iPad sales reached 14.1 million sold, up from 14 million the previous year. Apple's growth in tablets wasn't very high because the launch of a new iPad and iPad Mini were terribly kept secrets that consumers expected. As a result, the company is likely to have a much stronger sale period next quarter, which will include the launch of the latest iPads and sales from the busy holiday shopping season.
Apple generated $37.5 billion of revenue and $7.5 billion in net profit, compared to $36 billion in revenue and $8.2 billion profit last year. International sales accounted for 60 percent of revenue, the exact amount Apple reported in 2012.source: Apple
Andrew is based in Miami, Florida.