Apple posts huge quarter results

Chalk up another solid quarter for Apple.

The Cupertino, CA, company announced financial results for fiscal 2012 second quarter Tuesday. It had quarterly revenue of more than $39 billion and a net profit of $11.6 billion.

Apple sold 35.1 million iPhones in the quarter, and that is 88 percent better in terms of unit growth than the second quarter of 2011. Apple also sold nearly 12 million iPads or a 151 percent increase over the same quarter a year ago. Mac sales were up seven percent; iPods dipped 15 percent.

“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”

Here is the press release


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