Estimates for Apple’s 2nd Fiscal Quarter 2013

Values in millions, except for earnings per share.

  2013Q2 2012Q2
iPhone: 41.0 x $620 = $25,420 $22,276
iPad: 17.0 x $450 = $7,650 $6,264
Mac: 4.0 x $1,300 = $5,200 $5,073
iPod: 4.7 x $160 = $752 $1,207
iTunes/Software/Services: $4,000 $3,171
Accessories: $1,500 $1,195
Net sales: $44,522 $39,186
     
Cost of sales: -$27,158 -$20,622
Gross margin: (39.0%) $17,364 $18,564
Operating expenses: -$3,800 -$3,180
Operating income: $13,564 $15,384
Other income and expenses: $350 $148
Income before provision for income taxes: $13,914 $15,532
Provision for income taxes: (26.0%) -$3,618 -$3,910
Net income: $10,296 $11,622
     
Earnings per diluted share: (948,000,000 shares) $10.86 $12.30

Published on April 6th, 2013, and revised from initial numbers.

Disclosure: Long AAPL call options.

This entry was posted in apple, finance. Bookmark the permalink.

Comments are closed.