Apple breaks sales records, nearly doubles last year’s quarterly net profit

apple breaks sales records nearly doubles last years quarterly net profit applestore

According to the company’s official press release, Q2 saw Apple selling 35.1 million iPhones (an 88-percent increase over the same period last year) and 11.8 million iPads (up 151 percent over Q2 2011). Likewise, the firm sold 4 million Mac computers, which is a seven percent increase over the prior year.

All of these are wildly positive numbers, but Apple did offer up one arguably negative figure. Specifically, iPod sales: The company managed to sell 7.7 million of the ubiquitous music storage devices, which while an impressive milestone by itself, represents a 15-percent decline from the second quarter of last year.

Aside from that however, the financial report is almost glowing with positivity. Apple’s total revenue for the quarter was $39.2 billion, with a net profit of $11.6 billion. That’s 94 percent more profit than the firm saw in Q2 2011 and raises the price of Apple stock to $12.30 per share (up from $6.40 per share last year).

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Apple CEO Tim Cook. “The new iPad 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.”

Those fortunate few who own stock in Apple (or are unreasonably attracted to long lists of numbers) can find the company’s full disclosure of financial results within the official press release, but for those of you with tiny attention spans, the short version is that Apple is doing very well. Despite the loss of Steve Jobs, the company seems as dynamic and profitable as it’s ever been. Apparently the general public finds something very appealing about intuitive, aesthetically-pleasing technology. Weird, huh?

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