Apple: 26 million iPhones and 17 million iPads sold in Q2

Apple continues to sell a lot of iPhones and iPads, even during the relatively slow spring and summer months. Today, the company reported that for the April-June quarter of 2012, it sold 26 million iPhones and 17 million iPads worldwide.

The company's press release also said that it has revenues of $35.0 billion and a net profit of $8.8 billion for the quarter, compared to revenues of $28.6 billion and a net profit of $7.3 billion for the same time period a year ago. However, these results were below the expectations of financial analysts and caused Apple's stock price to go down in after-hours trading.

Apple also revealed that it sold four million Mac PCs in the second quarter, up two percent compared to a year ago. It also sold 6.8 million iPods, which is down 10 percent compared to a year ago. It did not reveal information on sales of its Apple TV set top box.

Apple is expected to launch the next version of its Mac OS X operating system, Mountain Lion, sometime tomorrow morning, with a $19.95 update price tag. It is also highly expected to launch the next version of the iPhone later this summer. Some people are also predicting that Apple could launch a smaller version of the iPad before the end of the year.

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26 Comments

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ehhh all this hating and bashing -_-

Nevertheless cannot wait to upgrade my phone to new iphone

Everyone who thinks its a sucker to release something "new" with its technically just smaller, why does it concern you? Did you buy it? Its obviously aimed at different markets for different needs. Not every person is tailors to get one because, hey look at me, iam a consumer, and because im a techie/nerd, I can say yes/no I need/don't need this.

yes MS was a hit too but that was because of a right down not because of products sold, Apples was because products sold were below expectations.

... but does it really matter that Apple missed the expectations set for them by some random analyst? I mean, the company is growing year-over-year, and if I were at the helm of a company, I would care more about the latter than the former.

omgben said,
... but does it really matter that Apple missed the expectations set for them by some random analyst? I mean, the company is growing year-over-year, and if I were at the helm of a company, I would care more about the latter than the former.

It is not one analyst, it is a consensus among analysts, or roughly an average. Forecasting is needed, because it provides guidance for the stock price. Miss an estimate, and it puts the growth opportunities for the future in question and it drives the stock down. Exceed an estimate, and it makes the growth opportunities look good and drives the stock price up.

Yes, Apple did well, very well. But to main the stock price at the current level, at multiples of the current earnings, you need to look like you are going to be able to keep up with the current growth. If you cannot keep up the growth, then the stock is not as attractive. Happened to Microsoft 10 years ago, when they did not maintain the 10, 20, 30% growth every quarter, and their stock has stagnated.

Years ago, when people would compare Microsoft's growth and Apple's growth, they would laugh at Microsoft because they were posting 10% growth, while Apple was posting many more times that. But when Microsoft was pulling in 4-5 billion/quarter, growing 500 million gave them a lower growth percentage than Apple, who had profits of 100 million, and were growing by 50 million/quarter. At the time, I would rather make 500 million more than 50 million more.

Now Apple is starting to slow down. It is harder to make those 30% growth rates on 8 Billion than 1 billion in sales. The market is becoming more competitive. And you better be concerned about meeting the expectations if you are at the helm of a company, or people will start calling for your head, like they do Ballmer.

Apple took a hit today being below market expectations for sure, we will have to wait for Q4 or after release of the new iPhone to see if this is the start of something or just a hiccup.

korupt_one said,
Apple took a hit today being below market expectations for sure, we will have to wait for Q4 or after release of the new iPhone to see if this is the start of something or just a hiccup.

- 0.48% a hit? If you say so..... Btw MS lost 0.44%, I guess it is also a hit?

Fritzly said,

- 0.48% a hit? If you say so..... Btw MS lost 0.44%, I guess it is also a hit?

He probably means in after hours trading, since the announcement came, you know, after hours.

Enron said,

He probably means in after hours trading, since the announcement came, you know, after hours.

You are right, 5.52% down aftermarket.
Said that I still wish I held Apple shares instead of MS ones.
Actually I am going to buy some now........

If Nokia sold 4 million windows phones last quarter while apple sold 26 million iPhones, I find it a success on Nokia side.

AtriusNY said,
If Nokia sold 4 million windows phones last quarter while apple sold 26 million iPhones, I find it a success on Nokia side.

Try to sell your peculiar opinion to Nokia shareholders.......... Oh, and do not forget to carry the helmet with you......

Fritzly said,

Try to sell your peculiar opinion to Nokia shareholders.......... Oh, and do not forget to carry the helmet with you......

Lumia (and just the Lumia, not including the other WP7 phones) sold 13% of what Apple sold in phones. What a huge failure for WP7. Pack it and go home. They are done. Something about number of apps. Nokia convert to Android while you still can.

Mac has 9% of the market. It is a great success. It is the year of OSX. Look how great that figure is! Go Mac! Go Apple!

nohone said,

Lumia (and just the Lumia, not including the other WP7 phones) sold 13% of what Apple sold in phones. What a huge failure for WP7. Pack it and go home. They are done. Something about number of apps. Nokia convert to Android while you still can.

Mac has 9% of the market. It is a great success. It is the year of OSX. Look how great that figure is! Go Mac! Go Apple!

While I had a HD7, a Lumia 800 and now a Lumia 900 I do believe that WP7, commercially speaking, has been a failure.
WP8 is what could bring MS back in the game and achieve market share in the range of what WM achieved in its days. Time will tell....

Hi we're Apple, we make the same product over and over again. Sometime's we make the same product smaller just to trick people into buying it, thinking it's a new product, hehe.

Scutley said,
Hi we're Apple, we make the same product over and over again. Sometime's we make the same product smaller just to trick people into buying it, thinking it's a new product, hehe.

So you're assuming every single person buying an iPhone/iPad is an idiot?

DrakeN2k said,

Yes , sounds about right.

Nice generalization there. Ever think, that people prefer them to others? Oh wait, you didnt. Stop spreading your Apple hate.

myxomatosis said,

So you're assuming every single person buying an iPhone/iPad is an idiot?

Isnt that true? Ive certainly noticed an inverse relationship between IQ and iProduct ownership.

Scutley said,
Hi we're Apple, we make the same product over and over again. Sometime's we make the same product smaller just to trick people into buying it, thinking it's a new product, hehe.

Big LOL. I'd like to see you run a company like this and try to innovate.

If you saw what they come up with every 5 years, you'd be thrown on the floor. It's not so true with other companies. If you follow them every single day, like any other company, you won't be impressed too much.

Scutley said,
Hi we're Apple, we make the same product over and over again. Sometime's we make the same product smaller just to trick people into buying it, thinking it's a new product, hehe.

Sorry, but you just made yourself look like an idiot...

DrakeN2k said,

Yes , sounds about right.

Generally most are, anytime apple throws out a bone you perform like most puppys you wag your tail then do whatever the owner wants maybe next time they'll add a crotch cam so your friend on the other end can see how goofy you walk and compare blazae outfits with each other