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Apple Computers Inc.
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Stock Market

Apple reports third quarter results - sales of 31 million iPhones set new June quarter record

July 23rd, 2013 by ,    photos by apple.com

Press release - Apple Inc. (AAPL) - July 23, 2013

 
 

CUPERTINO, California—July 23, 2013—Apple® today announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.

The Company sold 31.2 million iPhones, a record for the June quarter, compared to 26 million in the year-ago quarter. Apple also sold 14.6 million iPads during the quarter, compared to 17 million in the year-ago quarter. The Company sold 3.8 million Macs, compared to 4 million in the year-ago quarter. 

Apple’s Board of Directors has declared a cash dividend of $3.05 per share of the Company’s common stock. The dividend is payable on August 15, 2013, to shareholders of record as of the close of business on August 12, 2013.

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Stock Market

Apple unveils Logic Pro X

July 16th, 2013 by ,    photos by apple.com

Press release - Apple Inc. (AAPL) - July 16, 2013

 
 

CUPERTINO, California--July 16, 2013--Apple® today unveiled Logic® Pro X, the most advanced version of Logic Pro to date, featuring a new interface designed for pros, powerful new creative tools for musicians, and an expanded collection of instruments and effects. Logic Pro X includes Drummer, a revolutionary new feature that provides a virtual session player that automatically plays along with your song in a wide variety of drumming styles and techniques, and Flex Pitch, which provides integrated pitch editing for audio recordings. Apple also introduced Logic Remote, an innovative new way to play and control Logic Pro X from your iPad®, giving musicians the flexibility to create and mix their music from anywhere in the room.

"Logic Pro X is our most powerful version yet, with advanced tools and a modern new interface designed to streamline the process of creating professional quality music," said Philip Schiller, Apple's senior vice president of Worldwide Marketing. "Musicians are going to love creative new features like Drummer, Flex Pitch, Track Stacks and the Arpeggiator."

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