We’re now knee deep in earnings season, and the latest company to release their results is Apple.
The Cupertino firm today reported that during the second quarter of its fiscal 2014, it sold 43.72 million iPhones, down from the 51 million iPhones that it moved during Q1 2014 but up from the 37.4 million handsets that it sold in Q2 2013. Meanwhile, Apple moved 16.35 million iPads, down from 26 million in Q1 2014 and the 19.5 million it moved in Q2 2013. Apple also sold 2.76 million iPods in Q2 2014.
On the financial side of things, Apple posted a quarterly revenue of $45.6 billion for Q2 FY14 as well as a net profit of $10.2 billion. To compare, Apple reported revenue of $43.6 billion and profit of $9.5 billion in the year-ago quarter.
Overall it sounds like Apple had itself a respectable Q2 FY14. Since last quarter included the holidays, it’s not terribly surprising to learn that its iPhone and iPad sales were down from Q1 FY14. iPhone sales were up year-over-year, though, something that I’m sure that Tim Cook and Co. are pleased about.
As usual, Apple will hold a conference call this afternoon to discuss its Q2 FY14 results. I’ll be listening in and will update you with any interesting tidbits of information that may be shared.