Apple announces earnings for second quarter of 2013

Apple has announced its financials for the second quarter of 2013, with another mind-boggling revenue reported by the company.

$43.6 billion is Apple's total revenue for the quarter, with around $9.5 billion in net profit, which is up from $39.2 billion and $11.6 billion respectively from the same quarter last year.

That has been helped by sales of 37.4 million iPhones (against to 35.1 million a year ago) and 19.5 million iPads (against 11.8 million in last year's quarter), 5.6 million iPods (down 56 per cent year-over-year). Not bad for the quarter after the festive season. Apps continue to fill the coffers too, with 45 billion downloads now confirmed from the app store - a 5 billion jump since the end of the last quarter.

'We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,' said Tim Cook, Apple’s CEO. 'Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline.'

That last point is interesting, with Apple acknowledging that new products are currently being developed. That's likely to include an updated iPhone, a budget iPhone and very likely, a new iPad too. All of which should swell Apple's bank account further this time next year.

Written by Mobile Choice
Mobile Choice

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