Estimates for Apple’s 3rd Fiscal Quarter 2012

Values in millions, except for earnings per share.

  2012Q3 2011Q3
iPhone: 30.5 x $640 = $19,520 $13,311
iPad: 21.5 x $550 = $11,825 $6,046
Mac: 4.3 x $1250 = $5,375 $5,105
iPod: 6.5 x $160 = $1,040 $1,325
Other music related: $1,800 $1,571
Peripherals and other hardware: $600 $517
Software, service and other sales: $800 $696
Net sales: $40,960 $28,571
     
Cost of sales: -$22,446 -$16,649
Gross margin: (45.2%) $18,514 $11,922
Operating expenses: -$2,800 -$2,543
Operating income: $15,714 $9,379
Other income and expenses: $100 $172
Income before provision for income taxes: $15,814 $9,551
Provision for income taxes: (25.1%) -$3,969 -$2,243
Net income: $11,845 $7,308
     
Earnings per diluted share: (950,000,000 shares) $12.47 $7.79

Published on May 23rd, 2012.

Disclosure: Long various vertical AAPL call option spreads.

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