Apple (NASDAQ: APPL) has announced its FY12 Q2 financials for the three months ending 31 March 2012.
It posted revenues of $39.2 billion, up 59 percent, up year-on-year.
Net profit was $11.6 billion, up 93 percent.
Gross margin was 47.4 percent compared to 41.4 percent a year ago.
Non-US sales accounted for 64 percent of revenue.
Hardware drive
In terms of hardware sales, the quarter - which included the release of iPad 3 - or as Apple calls it 'new iPad' - Apple sold 11.8 million iPads, up 151 percent.
That's means the tablet has sold a total of 67 million in the two years since its launch.
Apple also sold 35.1 million iPhones, up 88 percent; 4 million Macs, up 7 percent; and 7.7 million iPods, down 15 percent.
Adding up
"We're thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter," said Tim Cook, Apple's CEO.
"The new iPad [aka iPad 3] is off to a great start, and across the year you're going to see a lot more of the kind of innovation that only Apple can deliver."
"Our record March quarter results drove $14 billion in cash flow from operations," said Peter Oppenheimer, Apple's CFO.
"Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68."
Apple ended the quarter with $110 billion in cash, cash equivalents, short-term and long-term marketable securities, up 35 percent or $28.6 billion from 31 December 2011.
[source: Apple]
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A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
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