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Apple just announced its earnings for the third quarter of the 2013 fiscal year (ending on June 29), and the picture's not as pretty as it could be. That's not to say that there weren't some considerable high points, such as the fact that Apple sold 31 million iPhones in Q3 alone, which marks a massive improvement over the 26 million it sold during the same quarter last year.
Alas, the iPhone was the only device that saw such victorious figures. The iPad in particular suffered, with 14.6 million compared to the 17 million it sold during last year's Q3, marking the first decline in year-over-year sales since its inception--and at a full 14 percent. As noted by AppleInsider, Apple CEO Tim Cook announced that the drop "was not a surprise to us," pointing out that Apple itself was responsible for the drop while they work to clear out their channel inventory.
Macs, too, were down, with only 3.75 million sold compared to 3.9 million from last year. Profit was also down to $6.9 billion compared to last year's $8.8 billion, while revenue witnessed a small uptick to $35.3 billion, up from last year's $35 billion. Still, it's important to note that this is impressive considering that Apple didn't release any new products during the quarter (or, indeed, during the entire year).
In a statement, Cook expressed his belief that some of these numbers will turn around in future quarters. "We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014," Cook said.
Follow this article's writer, Leif Johnson, on Twitter.