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Wednesday, April 24, 2013

Apple's financial results: a significant decline in revenue and profits of $ 9.5 billion


Apple published since few financial results for the fiscal second quarter, which achieved total financial revenue amounted to $ 43.6 billion, including a net profit of $ 9.5 billion.
These results show growth in revenues but a decline in the company's profits compared to the same quarter last year where revenues were $ 39.2 billion and net profit of $ 11.6 billion.
The company has achieved in the first fiscal quarter of the previous best results in terms of revenue amounted to $ 54.5 billion and a net profit of $ 13.1 billion.
And notes the sidelines of the company's profitability decline compared to the previous quarter, which achieved this quarter, 37.5%, while the company's profitability was 47.4%?
And the company said some of the official figures of modern for its sales, having sold 37.4 million phone iPhone in the quarter just a little bit higher than the previous quarter, and has sold 19.5 million device iPad which growth is clear from the figure recorded for the same quarter of last year, which amounted to 11.9 million device, The company also did not achieve any significant growth in sales of Macs where recorded the same number of the same quarter a device 4 million.
The company has a huge cash flow of $ 145 billion. The company expects to achieve financial returns in the next fiscal third quarter of between 33.5 and 35.5 billion dollars, and expect to have the sidelines of the company's profitability between 36% and 37%.
The news had talked recently about the start of the company's board seriously searching for a new CEO for Apple an alternative to the current Director Tim Cook, especially after the continued decline in the company's performance during the last three quarters at least.

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