Fourth-quarter revenue, profit up for Apple on iPhone, iPad sales

25.10.2012

Oppenheimer noted that the higher-priced iPod touch accounts for more than 50 percent of the iPods Apple sells. And even with sales declining, Apple continues to enjoy a 70 percent share of the portable music player market.

Apple chose to focus on its iTunes Store segment, which saw all-time record revenue of $2.1 billion. While Apple executives alluded to the and slated for an October release, they didn't mention when that version would come out.

Apple had a particularly strong quarter outside of the U.S., with international sales accounting for 60 percent of its revenue. China continued to be a great market for the company. According to Cook, revenue from China for the quarter rose 26 percent to $5.7 billion. The company's Mac business alone in that country grew 44 percent. Portable launches during the quarter helped iPad and iPhone sales grow 45 percent and 38 percent, respectively.

All told, Cook said, China made up about 15 percent of Apple's business during the 2012 fiscal year.