Apple posts 45% increase in revenue to $156.5 billion in fiscal 2012
Telecom Lead Asia: Apple has posted 45 percent increase in revenue to $156.5 billion in fiscal 2012 from $108.2 billion in fiscal 2011.
The device major’s full year net profit grew 61 percent to $41.7 billion in fiscal 2012 from $25.9 billion.
Revenue of Apple during fiscal fourth quarter was $35.96 billion compared with $28.27 billion in Q4 2011.
For the final fiscal quarter, Apple posted significant increase in net profit at $8.2 billion compared with $6.6 billion a share a year earlier.
Apple, during the conference call to discuss financial result, admitted that supply constraints held sales of the iPad and iPhone. Apple had struggled to deliver large quantities of the iPhone 5 since its launch in late September, with the waitlist for the device at one point stretching to three weeks in some regions.
“Our supply output is significantly higher than it was earlier in October. And I’m confident that we’ll be able to supply quite a few during the quarter,” said Tim Cook, Apple’s CEO.
Apple sold 26.9 million iPhones in the quarter, representing 58 percent unit growth over the year-ago quarter.
Apple sold 14.0 million iPads during the quarter, a 26 percent unit increase over the year-ago quarter.
The company sold 4.9 million Macs during the quarter, a 1 percent unit increase over the year-ago quarter.
Apple sold 5.3 million iPods, a 19 percent unit decline from the year-ago quarter.