Apple Reports 2014 Third Quarter Results
Apple reports financial results for its fiscal 2014 third quarter ended June 28, 2013.
CUPERTINO, California—July 22, 2014—Apple® today announced financial results for its fiscal 2014 third quarter ended June 28, 2014. The Company posted quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share. These results compare to revenue of $35.3 billion and net profit of $6.9 billion, or $1.07 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue.
Apple’s board of directors has declared a cash dividend of $.47 per share of the Company’s common stock. The dividend is payable on August 14, 2014, to shareholders of record as of the close of business on August 11, 2014.
- 2012 Q3: 17 Millions of iPad sold
iPad 3 was released on March 16, 2012
- 2013 Q3: 14.6 Million of iPad sold
iPad mini and iPad 4 were released on November 2, 2012
- 2014 Q3: 13.3 Millions of iPad sold
iPad Air was released on November 1, 2013
iPad mini with Retina Display was released on November 12, 2013
Mac sales were up 17.6 percent to 4.4 million units, compared to 3.8 million units in the same quarter previous year.
iPhone sales were up 12.7 percent to 35.2 million units, compared to 31.2 million units in the same quarter previous year.