Live: Apple fiscal Q3 2012 financial conference call
updated 05:00 pm EDT, Tue July 24, 2012
Details and executive comments
Apple is currently holding a conference call for its fiscal third quarter financial results. Refresh the page and watch below the break for updates from the event, posted with the latest additions on the top.
The conference call has come to an end.
Cook: "I'm glad that people want the next thing, I'm super happy about it. I'm not going to put any energy into getting people to stop speculating."
Cook and Oppenheimer have mentioned that sales and ASPs have been affected by "new product rumors" and the strong US dollar.
Apple TV sales have surpassed 4 million units for the year, 1.3 million for the quarter.
iPhone growth rate "bordering on being shocking" in some countries.
Over 84 million iPads sold overall, in less than half the time it took the iPod to reach the same number.
iPad 2 sales still remained strong, particularly in K-12, with approximately 1 million units for the quarter.
Cook declines to provide details about subsidization talks with carriers, though he notes that the company will maintain its focus on making the best smartphone in the world. Carriers are expected to be receptive.
Mac sales were said to be slow before WWDC, but surged after the conference. MacBook Pro with Retina display was "incredibly well received."
iPhone global sales: strong in US and Japan, even stronger in China, however flat sales in Europe affected overall performance.
The company is now taking calls for the Q&A session.
The company now holds $117.2 billion in cash, up $7 billion year-over-year despite the dividend.
Apple retail store revenue reached $4.1 billion, driven by strong iPad and iPhone sales. Average revenue per store increased to $11 million, and approximately half of all Mac sales were to customers new to the platform.
iPad sales in K-12 market represented double the Mac education sales in the US.
iPad sales surpassed 17 million, an increase of 83 percent from the same quarter last year. Recognized revenue $9.2 billion, compared to $6 billion from fiscal Q3 2011.
Apple estimates that the iPhone's presence in Fortune 500 companies has more than doubled.
The iPhone has been added to several small carriers, with revenue reaching $16.2 billion in the latest quarter. Up 22% from the same quarter last year.
iTunes U has been embraced by hundreds of K-12 schools and universities.
Total iPod sales ahead of internal expectations, iPod touch still accounts for more than half of all iPod sales.
Best quarter ever for education sales in the US, representing 3/4 of Mac sales.
