Apple and Samsung have both released their third-quarter revenue for 2012, showing healthy results for both companies as the holiday season reaches its apex.
Apple earned a quarterly net profit of $8.2 billion, compared to Samsung's $7.4 billion. While the official sales numbers for the iPhone 5 and Galaxy S III are not specified, analysts are digging deep into the fresh financial records in order to estimate the impact of these gadgets on the tech giants' bottom line. Last year, Apple's Q3 net profit sat at $6.6 billion. According to the Cupertino-based company, international sales composed 60 percent of the Q3 net revenue.
$26.9 million of Apple's profits derived from iPhone sales and represent "58 percent unit growth over the year-ago quarter."
Apple CEO Tim Cook said, "We're very proud to end a fantastic fiscal year with record September quarter results. We're entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline."
Apple CFO Peter Oppenheimer adds that Apple is "pleased to have generated over $41 billion in net income and over $50 billion in operating cash flow in fiscal 2012. Looking ahead to the first fiscal quarter of 2013, we expect revenue of about $52 billion and diluted earnings per share of about $11.75."
On September 24, Apple announced that it had sold over 5 million iPhone 5 devices during its launch weekend. Piper Jaffray analyst Gene Munster estimates 25 million iPhone 5 sales, according to ZDNet.
According to Android Authority, "four out of five of the Samsung Galaxy S3's best-selling weeks in the U.S. came after Apple unveiled the iPhone 5 and the company reportedly leads in global smartphone shipments.
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