The iPhones and iPads once again led the way to reach record breaking sales with a huge earnings in Q3 for Apple. In the 2012-Q3 sales Apple reported the revenue of $35 billion and earnings about $8.8 billion. Apple shares increased up to $9.32 for per share in the first quarter of 2012. The Apple 2011-Q3 sales with profit of $7.31 billion and revenue of $28.57 billion with $7.79 per share. This report shows Apple shares increased with successful gadgets like iPhone and iPad.
Apple sold up to 17 million iPads in the latest quarter and the Apple CEO Tim Cook said: “We are thrilled with record breaking sales of 17 million iPads in the June quarter. Tim Cook statement includes “We will release Mount Lion tomorrow, and will be lunch iOS 6 this fall. We are also ready to come up with new products”. This statement indicates Apple coming up with iPhone 5 soon.
Apple chief financial officer, Peter Oppenheimer said:”for its next quarter expected revenue up to $34 billion and to raise the share earnings up to $7.76. Apple sold up to 26 million iPhones during the latest quarter, iPhone sales increased up to 26 percentage when comparing with 2011-Q3 sales. Apple broke its previous record of sales by selling up to 17 million iPads when compared with sales of 15.43 million iPads in the last quarter. The iPad sales increased up to 84 percentage comparing with the 9.25 million iPads sold during the 2011-Q3 quarter.