Apple’s best financial quarter ever with the only dim spot the continued drop in iPad sales (name another tablet maker that sold 21-million units in a quarters).
The Company posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion, or $3.06 per diluted share. These results compare to revenue of $57.6 billion and net profit of $13.1 billion, or $2.07 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for 65 percent of the quarter’s revenue.
The results were fueled by all-time record revenue from iPhone® and Mac® sales as well as record performance of the App Store. iPhone unit sales of 74.5 million also set a new record.
That’s more than 34-thousand iPhones sold every hour, every day, every week of the quarter.