Apple Revenues Rebound (chart)

new ipad miniApple released their quarterly report earlier today and they have stopped the 3 quarter-long slide.The gadget maker sold 14.1 million iPads, 33.8 million iPhones, and 4.6 million Macs in their fiscal 2013 fourth quarter. That's a slight increase over the 14 million iPads, 26.9 million iPhones, and 4.9 million Macs sold during the same period the year before.

Apple posted quarterly revenue of $37.5 billion (up from $36 billion) and quarterly net profit of $7.5 billion (down from $8.2 billion) during that quarter, or a slight increase in revenue but a decrease in profit.

This wasn't Apple's best quarter ever, but as you can see in the chart below Apple has managed to turn the tide. Their Q4 results are a slight improvement on the previous quarter and I expect the next quarter to be even better.

Apple's bottom line is going to be buoyed by the release of the iPad Air, iPad Mini, and both of the new iPhones. With luck next quarter Apple will report a new record high for both revenue and profit.

tc-apple-q4-2013-earnings-charts[1]

TechCrunch

About Nate Hoffelder (11588 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

6 Comments on Apple Revenues Rebound (chart)

  1. MAC sales are down 10%.
    iPod sales are tiny, too.

  2. Good numbers for the quarter just prior to new product releases.

  3. Decreasing margins is not a good sign. It means Android is really starting to pressure Apple in the tablet market.

  4. Still better than nearly anyone else by a considerable margin.

Leave a comment

Your email address will not be published.


*