A quartern that saw Apple let go of a newfangled iPad , revamp its MacBook Pro dividing line , and extend the orbit of its iPhone turned out to be financially rewarding for the companionship . For its fiscal 2nd quarter , Apple reported sales of $ 24.67 billion and net lucre of $ 5.99 billion , according to figures announced by the company Wednesday .
Apple ’s quarterly tax income , a phonograph record chassis for the second quarter , vanquish year - ago sales by 83 percent . lucre also set a phonograph record for the twenty-five percent , and improve 95 pct over the $ 3.07 billion in profit the ship’s company tally in the 2010 2nd tail .
Apple earn $ 6.40 per share , beating last twelvemonth ’s second - fourth earnings of $ 3.33 per share by 92 percent . Apple ’s performance also blow out away analyst estimates . analyst were looking for the company to describe $ 23.34 billion in revenue and earnings of $ 5.36 per share for the quarter .
accredit the usual suspect for Apple ’s inviolable quarter . In a league call with psychoanalyst , chief fiscal policeman Peter Oppenheimer credited criminal record iPhone sales , strong growth in the Mac business , and “ very robust requirement for the iPad ” for driving the company ’s potent quarterly carrying out .
Record iPhone sales
Apple pronounce it sold 18.65 million iPhones during the quartern , which ended March 26 . That ’s an increase of 113 per centum from the 8.75 million phones Apple sold over the same point last yr . The company recorded agnize gross of $ 12.3 billion in the just - fill out twenty-five percent , an step-up of 126 percentage .
The iPhone expanded to a new immune carrier in the U.S. during the March quarter , as Verizon began offering a version of the iPhone 4 that ’s compatible with its cellular meshing . That sure as shooting helped aim iPhone cut-rate sale in the U.S. , though Apple did n’t provide specifics . Chief operating policeman Tim Cook also noted that the iPhone ’s other U.S. carrier , AT&T , reportedan gain in iPhone activationsduring the quarter , despite increased competition from Verizon . Between AT&T and Verizon , Apple ’s iPhone business in the U.S. grow 155 percent , according to Cook .
Apple also see strong maturation in China for the iPhone , where sale of the earphone increase nearly 250 percent , harmonize to Cook .
All distinguish , Apple stop its financial 2d fourth part with the iPhone available in 90 land through 186 carriers , compared to 185 carriers in 90 country at the end of the first tail ; Oppenheimer note that there had been some carrier contraction during the last three months that countervail the addition of unexampled partners such as Verizon in the U.S. , SK Telecom in South Korea , and Saudi Telecom in Saudi Arabia .
Mac sales
Apple sold 3.76 million Macs during the second quarter , an step-up of 28 percent over the 2.9 million Macs sold during the year - ago menstruum . That set a record for Mac sales during the March quarter , Oppenheimer said . In picky , Mac sales compared favourably with the overall microcomputer market , which contracted at a pace of 3 percent during the stern , according to frame from IDC . That mark the twentieth sequential after part that Apple has outgrown the PC marketplace , although gross sales numbers were below those posted by Apple for the last two quarters .
laptop stay to be the big driver for Mac sale , with the 2.7 million portables making up 73 percentage of the Macs sell during the quarter . In summation to theFebruary revamp of the MacBook Pro line , Apple also reap the welfare of last year’sMacBook Air update . The 1 million desktops sell were only more than during one of the last five quarters .
“ client reply has been first-class , ” Oppenheimer tell psychoanalyst .
Apple also made notable addition internationally with Macs , realize 76 percentage growth in the Asia Pacific realm on a year - over - year basis .
The iPad 2 arrives
The iPad 2 embark at the end of the twenty-five percent , onMarch 11 in the U.S.and onMarch 25 in 25 additional commonwealth , which help oneself spur sales of Apple ’s tablet . All tell , Apple sell 4.69 million iPads during the quarter , though it did n’t break off down those sale between the iPad 2 and the original model .
“ We purposely are n’t give that [ breakdown ] because we do n’t want to help out any of our competition , ” Cook say analysts . “ But I would tell you , I bid we could have farm a stack more iPad 2s , because there were certainly a lot of people hold back for them . ”
In total , Apple has sold 19.48 million iPads since the mathematical product was released in April 2010 . Cook says Apple will ship the iPad 2 to 13 more country next week .
“ client interest has been tremendous , ” Oppenheimer said of demand for the iPad 2 . “ We ’re working hard to get it into the hand of client as soon as potential . ”
Indeed , strained supplies appeared to be the only blemish on Apple ’s iPad stage business , as the company struggled to keep its stock-taking up . “ We betray every iPad 2 we could make in the quarter , ” Oppenheimer said , “ and we would have liked for the stern to have ended with more iPads in the channel . ”
iPod drops and iTunes gains
Speaking of blemish , iPod sales continued their decline , though Apple say that the product line ’s performance was onwards of expectation . The ship’s company sold 9.02 million iPods during the fourth part , a drop of 17 percent from last year ’s second - stern design . More than half of the iPods sold during the quarter were the iPod feeling , according to Apple ’s figures .
However , despite that descent , Oppenheimer order that the total iPod sales were beforehand of Apple ’s expectation , and that the iPod remain the top - sell MP3 player in most of the res publica where that data is tracked , and continues to hold onto its market - direct position in the U.S.
Apple find a silver lining in the carrying out of its iTunes on-line patronage , however . That segment summate $ 1.1 billion in revenues , its beneficial quarter ever , according to Oppenheimer .
Retail plans
With Apple ’s brick - and - mortar retail outlets border on their 10th day of remembrance next month , Oppenheimer noted that the retail chains should see their 1 billionth visitor in a matter of days . During the 2nd quarter , 71.1 million multitude visit the app store , up from 47 million visitor in the 2010 second quarter .
receipts from the retail storage grow 90 percent to $ 3.19 billion . Apple says it sold 797,000 Macs through its retail outlets , an increase of 32 per centum from last year . About half of the Macs sold at the Apple Store were to newly minted Mac substance abuser .
Apple still plans to open up 40 young fund during the 2011 financial yr , with two - thirds of those wall socket opening outdoors of the U.S. That includes a 5th Apple Store in China .
Forecasts
For the third quarter ending in June , Apple expects gross of about $ 23 billion and earnings per share of $ 5.03 . That equate to $ 15.7 billion in revenue and earnings of $ 3.51 a share for the third one-quarter of 2010 . Prior to Wednesday ’s call , analyst were expect for sales event of $ 23.8 billion and net of $ 5.25 per portion for the June one-quarter .
