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

25.10.2012

Other items of interest to come out of Thursday's conference call:

Overall, Apple's 2012 fiscal year was a good one for the company. The company reported $41 billion in net income for 2012 (on sales of $156 billion), with more than $50 billion in operating cash flow. That compares well to 2011's $29 billion in net income, and $30 billion in operating cash flow.

Earnings per share for the fiscal year were $44.64, a significant increase over 2011's earnings per share of $28.05. Apple ended the year with $121.3 billion in cash.

Apple's Board of Directors has declared a cash dividend of $2.65 per share of the Company's common stock, payable on Nov. 15, 2012, to shareholders of record as of the close of business on Nov. 12, 2012.