While we wait for Apple to officially announce the heavily rumoured new iPhone and the iPad mini, today the company declared their Q3 fiscal year 12 earnings. Apple missed their financial targets, but reported revenues of $35 billion – estimates were $37.25 billion – but net profit was $8.8 billion.
Specifics regarding the iPhone and iPad: this quarter saw iPhone sales hit 26 million iPhones, which was an increase of 28% over Q3 2011. As for iPads, Apple sold 17 million in the the quarter (increase of 84% over Q3 2011. This brings the total number of iPhones sold in 2012 to 98 million. (Q1 2012 had 37 million and Q2 2012 had 35 million). In addition, with 17 million iPads sold in Q3 the total sales for 2012 rises to 44 million (Q1 2012 was 15 million and Q2 was 12 million).
Tim Cook, Apple’s CEO, said “We’re thrilled with record sales of 17 million iPads in the June quarter. We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”