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Apple Q2 Results: $11.6B Profit; Sells 35.1M iPhones, 11.8M iPads

Apple announced financial results for its second quarter of the fiscal year 2012, ended March 31,2011. The company reported a net profit of $11.6 billion, a decrease compared to last quarter’s profits of $13.06 billion, but a major growth of 94% compared to profits of $6 billion, in the year-ago quarter. The company’s quarterly revenue rose to $ 39.2 billion in the quarter, an increase of 59% compared to $24.7 billion that it reported in the same quarter, last year. International sales accounted for 64 percent of the quarter’s revenue. - iPhones:  35.1 million sold during the quarter, up 88% year on year. Previous quarter, Apple had sold 37.04 million iPhones - iPads:   11.8 million sold during the quarter, a 151% increase year on year. Last quarter, Apple had sold 15.43 million iPads. - iPods:  7.7  million sold during the quarter, down 15% year on year. 15.4 million iPods were sold in the last quarter. - Macs:  4 million sold during the quarter, a 7% unit increase over the year-ago quarter. This is a decrease over the previous quarter, when Apple had sold 5.2 million Macs. - Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. Notes from Apple’s Investor Conference Call: - On building a converged device on the lines of Windows 8 powered tablets, Apple CEO Tim Cook said that he believes that people had different requirements, and that there was a good market for the MacBook Air, but the company wants to address both markets-tablets and ultrabooks/portable notebooks. " I think, Tony,…

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