Apple sets quarterly record with 31 million iPhone sales

Jenni Baker, London
Apple has posted revenue of $35.3bn for its fiscal third quarter ended June 29, beating analyst estimates after shifting 31.2 million iPhones.
The majority of sales during the quarter were international, representing 57% of revenue, with US revenues accounting for 43%.
The tech giant reported quarterly net profit of $6.9bn, down from the $8.8bn posted in the same period last year.

The brand set a new June quarter record with 31.2 million iPhones sold, compared to 26 million in the year-ago quarter. Apple also sold 14.6 million iPads, down from the 17 million sold last year, and 3.8 million Macs, marking a slight decrease compared with four million for the same period in 2012.
“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services,” says Apple chief executive Tim Cook. “We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”
Looking ahead to its fiscal 2013 fourth quarter, Apple is predicting revenue between $34bn and $37bn.

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