Apple reports third quarter fiscal results

Apple has announced the financial results for its fiscal 2014 third quarter that ended June 28. The company posted quarterly revenue of US$37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share.

These results compare to revenue of $35.3 billion and net profit of $6.9 billion, or $1.07 per diluted share, in the year-ago quarter. Gross margin was 39.4{813a954d5e225a1509f22204ece89c855080ce25555f20805f61bed63cbfde3b} compared to 36.9{813a954d5e225a1509f22204ece89c855080ce25555f20805f61bed63cbfde3b} in the year-ago quarter. International sales accounted for 59{813a954d5e225a1509f22204ece89c855080ce25555f20805f61bed63cbfde3b} of the quarter’s revenue.

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