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Apple iPad sales jump 84% to a record 17 million in Q3 2012

Apple iPad sales jump 84% to a record 17 million in Q3 2012
Apple may have new competitors coming out of the woodwork from all directions – Google's Nexus 7 and Microsoft's Surface grabbing the headlines – but iPad sales show no sign of slowing.

The firm's latest financial results reveal Apple sold 17 million iPads during Q3 2012 – that's up 84 percent year on year, and represents a quarterly record for the device.

Eye on iOS 6

Sales of the iPhone, too, were up year on year, rising by 28 percent to hit 26 million units.

This actually represents quite a drop from the 35.1 million iPhones sold during the previous quarter, however.

"We're thrilled with record sales of 17 million iPads in the June quarter," said Apple CEO Tim Cook.

"We've also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this fall. We are also really looking forward to the amazing new products we've got in the pipeline."

Money matters

Company wide (NASDAQ:AAPL), revenue hit $35 billion in Q3 2012, up 22.5 percent from the same period during 2011, while net profit came in at $8.8 billion.

That's up 21 percent from the $7.3 billion made in Q3 2011.

Apple's gross margin was 42.8 percent compared to 41.7 percent in the year-ago quarter, with international sales accounted for 62 percent of the quarter’s revenue.

[source: Apple]

With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.

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