Apple Financial Conference Call Q3 2012 : July 24, 2012Fiscal Q3 2012
5:05 - Best quarter ever for education sales in the US, representing 3/4 of Mac sales.
5:06 - Total iPod sales ahead of internal expectations, iPod touch still accounts for more than half of all iPod sales.
5:06 - iTunes U has been embraced by hundreds of K-12 schools and universities.
5:07 - 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.
5:08 - Apple estimates that the iPhone's presence in Fortune 500 companies has more than doubled.
5:09 - 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.
5:10 - iPad sales in K-12 market represented double the Mac education sales in the US.
5:13 - 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.
5:14 - The company now holds $117.2 billion in cash, up $7 billion year-over-year despite the dividend.
5:17 - The company is now taking calls for the Q&A session.
5:27 - iPhone global sales: strong in US and Japan, even stronger in China, however flat sales in Europe affected overall performance.