Home / Channel / Apple quarterly profit hits $8 billion

Apple quarterly profit hits $8 billion

As if anyone is surprised, Apple is doing rather well financially at the moment and has announced that for the fourth quarter of 2012, it has made a profit over $8.2 billion. Compared with the same period last year, things are on the up, as it made ‘only' $6.6 billion.

If you thought those were large numbers however, feast your eyes on the total revenue Apple generated in three months ending on 29th September: $36 billion. In comparison, year on year that's an increase of nearly $8 billion.

Apple
Make pretty phones, slowly add long standing functionality, ???, profit

Of course you wouldn't expect an announcement like this without some of the higher ups at the fruity firm making a quick statement or two. CEO Tim Cook said: “We're very proud to end a fantastic fiscal year with record September quarter results. We're entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”

Taking into consideration the recent release of the iPhone 5, it's hardly unexpected that Apple has generated a lot of capital recently. However, with reports that Samsung Smartphones are outselling Apple devices by up to two to one and some of the recent turnarounds in court, we might not see Apple dominance last for much longer.

KitGuru Says: What do you guys think the near future holds for Apple? Continued dominance? A fall from grace? Let us know.

Become a Patron!

Check Also

Montech HyperFlow Silent 360 AIO Cooler – UPDATE 16 March 25

As some of you may have seen, this week we published a review of the Montech HyperFlow Silent 360 AIO cooler, both on the KitGuru website and our YouTube channel. In this review we explained that the HyperFlow Silent 360 AIO cooler has some issues in regards to the new AMD mounting system that Montech adopted...

We've noticed that you are using an ad blocker.

Thank you for visiting KitGuru. Our news and reviews teams work hard to bring you the latest stories and finest, in-depth analysis.

We want to be as informative as possible – and to help our readers make the best buying decisions. The mechanism we use to run our business and pay some of the best journalists in the world, is advertising.

If you want to support KitGuru, then please add www.kitguru.net to your ad blocking whitelist or disable your adblocking software. It really makes a difference and allows us to continue creating the kind of content you really want to read.

It is important you know that we don’t run pop ups, pop unders, audio ads, code tracking ads or anything else that would interfere with the KitGuru experience. Adblockers can actually block some of our free content, such as galleries!