Want to master the CMO role? Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited and we're limiting attendance to CMOs and top marketing execs. Request your personal invitation here
Apple has released its third-quarter earnings, and in an unusual move, it missed analyst expectations, with $35 billion in revenue and $9.32 earnings per share.
Analyst consensus from Thomson Reuters expected Apple to bring in $37.2 billion in revenue and $10.35 a share. Analysts had a wide range of opinions for this third quarter based on uncertainty about how many consumers would hold off on iPhone purchases until the release of iPhone 5.
Even with the rare miss, today’s numbers look good compared to Q3 a year ago. Momentum from the latest iPad, iPhone, and Mac models has helped Apple continue to surge.
Here’s a look at the earnings and sales for Q3 2012 by the numbers:
Revenue: $35.0 billion, compared to $28.57 billion in the year-ago quarter
Net income: $8.8 billion, compared to $7.3 billion in the year-ago quarter
Earnings per diluted share: $9.32 per share, compared to $7.79 per share in the year-ago quarter
iPhone sales: 26 million units, a 28 percent growth over the year-ago quarter
iPad sales: 17 million units, an 84 percent growth over the year-ago quarter
Mac sales: 4 million units, a 2 percent growth over the year-ago quarter
iPod sales: 6.8 million units, a 10 percent decline from the year-ago quarter
Declared dividend: $2.65 per share
Apple’s stock price at closing today: $600.92, but stock is down 5 percent in after-hours trading
Cash on hand: $117 billion, up $7 billion from the previous quarter
Apple retail revenue: $4.1 billion from retail stores, up 17 percent from a year ago
iCloud users: 150 million, up from 125 million last quarter
5th Avenue Apple Store photo: Sean Ludwig/VentureBeat
VentureBeat’s VB Insight team is studying email marketing tools.
Chime in here, and we’ll share the results