By Daniel Hunter
Apple have announced financial results for its fiscal 2012 second quarter ended March 31, 2012. The company posted quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion.
These results compare to revenue of $24.7 billion and net profit of $6.0 billion in the year-ago quarter. Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”
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