Apple has posted record revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share, compared to revenue of $26.7 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter in Q1 2012. It is Apple’s highest revenue and earnings ever in a quarter.
Apple sold 37.04 million iPhones in the quarter, up 128 percent over the year-ago quarter.
Apple also sold 15.43 million iPads during the quarter, up 111 percent over the year-ago quarter.
Apple sold 5.2 million Macs during the quarter, up 26 percent over the year-ago quarter. Apple also sold 15.4 million iPods during the quarter, representing a 21 percent decline over the year-ago quarter.
Apple’s CEO, Tim Cook said:
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
Apple beat most analyst estimates. Not surprisingly, Apple’s stock is up by almost 8% in after hours trader at the time of writing this post.
We can’t wait to find out about the amazing new products that Apple is expected to launch this year.