Apple Reports Q3 2013 Quarterly Results: $6.9 Billion Profit on $35.3 Billion in Revenue [Call Concluded]Apple today announced financial results for the second calendar and third fiscal quarter of 2013. For the quarter, Apple posted revenue of $35.3 billion and net quarterly profit of $6.9 billion, or $7.47 per diluted share, compared to revenue of $35 billion and net quarterly profit of $8.8 billion, or $9.32 per diluted share in the year-ago quarter. Gross margin for the quarter was 36.9 percent compared to 42.8 percent in the year-ago quarter, with international sales accounting for 57 percent of revenue. Apple also declared a dividend payment of $3.05 per share, payable on August 15 to shareholders as of the close of trading on August 12. The company currently holds $146.6 billion in cash and marketable securities. The company generated $7.8 billion in free cash flow from operations and Apple CFO Peter Oppenheimer said Apple returned $18.8 billion in cash to shareholders through dividends and share repurchases. Quarterly iPhone unit sales reached 31.2 million, compared to 26 million in the year-ago quarter, and the company sold 14.6 million iPads, down from 17 million in the year-ago quarter. Apple sold 3.8 million Macs compared to 4 million in the year-ago period.“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services,” said Tim Cook, Apple’s CEO. “We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”Apple's guidance for the fourth quarter of fiscal 2013 includes expected revenue of $34-37 billion and gross margin between 36 and 37 percent. Apple will provide live streaming of its Q3 2013 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights. Conference Call and Q&A Highlights are available after the jump. Conference Call Highlights (reverse chronological order, no need to refresh): Loading live updates... Recent Mac and iOS Blog Stories • Apple to Open Two New Retail Stores in Ontario and Florida on July 27 • Realmac Software Launches 'Ember', a Scrapbooking App for the Mac • Best Buy to Reinstate iPad Trade-In Program • iPhone-Enabled Home Security System 'Canary' Offers HD Camera, Environmental Sensors and More • Apple's Developer Center Experiences Daylong Outage • Rovio Expands 'Accounts' Cross-Device Game Progress Syncing to Original 'Angry Birds' • Evernote Updates iOS App With Shortcuts, Related Notes and Skitch Support • Official 'Firefly' Game Coming to iOS in 2014
http://www.macrumors.com/2013/07/23/apple-reports-q3-2013-quarterly-results-6-9-billion-profit-on-35-3-billion-in-revenue/
