Apple Reports Q2 Revenue Of $45.6 Billion
April 24, 2014

Apple has released its fiscal results for the electronics giant's fiscal second quarter, which ended on March 29. The company posted quarterly revenue of $45.6 billion, with $10.2 billion in quarterly net profit. A year ago, Apple's fiscal Q2 revenue was $43.6 billion and $9.5 billion in quarterly net profit.

"We’re very proud of our quarterly results, especially our strong iPhone sales and record revenue from services," said Tim Cook, Apple’s CEO. "We’re eagerly looking forward to introducing more new products and services that only Apple could bring to market."

"We generated $13.5 billion in cash flow from operations and returned almost $21 billion in cash to shareholders through dividends and share repurchases during the March quarter," said Peter Oppenheimer, Apple’s CFO. "That brings cumulative payments under our capital return program to $66 billion."

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Mark Adams
San Francisco

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