Apple today announced its Q2 2012 fiscal results and, as expected, it managed to once again break its own records with $39.2 billion in revenue and $11.6 billion in profit. The results show a tremendous growth from last year's results, which had Apple bringing in $24.67 billion in revenue and $5.99 billion in profit. Yes, Apple nearly made double the amount of money it made last year this time.
The surge can be attributed to the massive iPhone sales which topped 35 million in the last quarter—an 88% increase over the same quarter last year when Apple pushed 18.65 million iPhones. The handset's release in China (and 21 other countries) surely had a large part in the massive uptick in sales. The company's tablet also helped sales with 11.8 iPads sold—a 151% increase from last year.
All of that lead to Apple increasing its cash reserve by $12.4 billion to a hefty $110 billion.
Yes, ridiculous; Apple is killing it.
Head over to The Verge for a full play-by-play of Apple's Q2 conference call.
[via The Verge]