Apple Posts Q2 2012 Earnings: Their Profits Exceed Google’s Revenues

Apple has announced its second quarter earnings for 2012, sending their stock (AAPL) soaring up over $40 in after hours trading.

Apple earned $39.2 billion in revenue and $11.6 billion in net profit in the quarter, whereas Google earned $10.65 billion in revenue and only $2.89 billion in profit. Apple in Q2 2011 earned revenue of $24.7 billion and net profit of $6.0 billion, so Apple’s growth has well beat expectations.

Apple Sales:

• 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter.
• 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter.
• 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter.
• 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.

For the full results, see Apple’s earnings announcement.

About The Author

Barry Schwartz

Barry Schwartz a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here.