Apple posts $9.5b profit on $43.6b in revenue, but iPhone growth slows at 37.4m units sold


Apple just posted its hotly-anticipated Q2 2013 earnings, and the company posted a profit of $ 9.5b on revenues of $ 43.6b, compared to $ 11.6b in profit on $ 39.2b in revenue this quarter last year and $ 13.1b in profit on $ 54.5b in revenue last quarter. That’s right in line with the company’s guidance from last quarter.

Most importantly, iPhone sales are fairly flat year-over-year. Apple sold 37.04 million in Q2 2013 versus last year’s 35.1 million, a modest growth of seven percent. iPad sales for the quarter were 19.5 million, up a massive 65 percent from last year’s 11.8 million, but the average selling price (ASP) dropped fairly steeply year-over-year, likely due to the introduction of the cheaper iPad mini. Apple is selling less Macs…

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