Apple® yesterday announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.
The Company sold 31.2 million iPhones, a record for the June quarter, compared to 26 million in the year-ago quarter. Apple also sold 14.6 million iPads during the quarter, compared to 17 million in the year-ago quarter. The Company sold 3.8 million Macs, compared to 4 million in the year-ago quarter.
During Apple’s third quarter earnings call earlier today, Apple’s CFO Peter Oppenheimer said that the company will have a “very busy fall”. He however did not provide any other details, and said that he’d like to “leave it there and go into more detail in October,” which is when Apple will announce Q4 2013 financial results.
Apple’s CEO Tim Cook said that the company’s new catalyst will be new products and new services, both in current product categories and in new categories.
Apple is widely expected to launch the 7th generation iPhone, 5th generation iPad, the 2nd generation iPad mini and refreshed MacBook Pros later this year.
It remains to be seen if Apple will launch the rumored budget iPhone (new product in current product category) and the iWatch smartwatch (new product category).
Lets us know what do think we will see in new product category?