Apple Inc. today released its financial results for the second fiscal quarter of 2013. According to the report, Apple's revenue for the second fiscal quarter amounted to $43.603 billion, an 11% increase compared to $39.186 billion during the same period last year. The company’s net profit for the second fiscal quarter was $9.547 billion, showing an 18% decrease from $11.622 billion in the corresponding period last year. Apple's performance in the second fiscal quarter exceeded the expectations of Wall Street analysts, driving a nearly 5% increase in its after-hours stock price.In the fiscal quarter ended March 30, 2013, Apple's net profit was $9.547 billion, with diluted earnings per share at $10.09, which did not meet the performance of the previous year. In the second fiscal quarter of 2012, Apple's net profit was $11.622 billion, with diluted earnings per share at $12.30. Apple's operating profit for the second fiscal quarter was $12.558 billion, lower than $15.384 billion in the same period last year. Apple's revenue for the second fiscal quarter was $43.603 billion, representing an 11% increase compared to $39.186 billion in the previous year, where international sales accounted for 66% of total sales. Apple's gross margin for the second fiscal quarter was 37.5%, significantly lower than 47.4% in the same period last year.Apple's performance in the second fiscal quarter surpassed the expectations of Wall Street analysts. A survey conducted by the financial information provider FactSet Research showed that analysts had previously expected Apple's earnings per share for the second fiscal quarter to be $9.97, with revenues at $42.3 billion.During the second fiscal quarter, Apple sold a total of 37.4 million iPhones, exceeding analysts' expectations. Last year, they sold 35.1 million units. They also sold 19.5 million iPads, surpassing analysts' predictions, compared to 11.8 million units sold last year. Mac sales were slightly below 4 million units, the same as last year when Mac sales were at 4 million units. Analysts had predicted that iPhone sales would be approximately 36 million units and iPad sales around 18.3 million units for the second fiscal quarter.By geographic region, Apple's revenue from the Americas segment in the second fiscal quarter was $14.052 billion, increasing by 7% compared to $13.182 billion in the same period last year; European segment revenue was $9.8 billion, up 11% from $8.807 billion last year; Japanese segment revenue was $3.135 billion, growing by 19% compared to $2.645 billion last year; Greater China segment revenue was $8.213 billion, increasing by 8% from $7.637 billion last year; Other Asia-Pacific regions revenue was $3.162 billion, up 26% from $2.516 billion last year; Retail segment revenue was $5.241 billion, growing by 19% compared to $4.399 billion last year.By product category, Apple's revenue from iPhone in the second fiscal quarter was $22.955 billion, increasing by 3% compared to $22.276 billion in the same period last year; Revenue from iPad was $8.746 billion, up 40% from $6.264 billion last year; Revenue from Mac was $5.447 billion, growing by 7% compared to $5.073 billion last year; Revenue from iPod was $962 million, declining by 20% from $1.207 billion last year; Revenue from iTunes, software, and services was $4.114 billion, increasing by 30% compared to $3.171 billion last year; Revenue from peripherals was $1.379 billion, growing by 15% compared to $1.195 billion last year.Apple stated that it will expand its stock repurchase program to $60 billion, meaning an additional $50 billion worth of shares will be repurchased. Apple expects to use $100 billion in cash for the expanded capital return plan by the end of 2015. Additionally, Apple's board approved a 15% increase in quarterly dividends, distributing a quarterly dividend of $3.05 per share on May 16.Apple CEO Tim Cook said: "We are pleased with the record revenue in the second fiscal quarter, thanks to the continued strong performance of the iPhone and iPad. Our team is working hard to develop some exciting new hardware, software, and services. We are very excited about the products we are developing."Apple CFO Peter Oppenheimer said: "Our ability to generate cash remains very strong, with cash flow from operations amounting to $12.5 billion in the second fiscal quarter; as of the end of the second fiscal quarter, our cash balance stood at $145 billion."Apple expects its revenue for the third fiscal quarter of 2013 to be between $33.5 billion and $35.5 billion, falling short of analysts' expectations; gross margin to be between 36% and 37%, also below analysts' expectations; operating expenses between $3.85 billion and $3.95 billion, other income at $300 million, and tax rate at 26%. A survey by FactSet Research showed that analysts had previously expected Apple's revenue for the third fiscal quarter to be $38 billion, with a gross margin of 38% to 39%.On the day, Apple's stock price rose by $7.33 in regular trading on NASDAQ, closing at $406.00, with a gain of 1.84%. In subsequent after-hours trading until 16:53 Eastern Time (4:53 AM Beijing Time on April 24), Apple's stock price further increased by $18.87 to $425.00, with a gain of 4.65%. Over the past 52 weeks, Apple's highest stock price was $705.07, and the lowest was $385.10.