Apple blew away analyst estimates by posting record revenue of $46.33 billion and net quarterly profit of $13.06 billion in the year-ago quarter in fiscal Q1 2012, compared to revenue of $26.7 billion and net quarterly profit of $6 billion.
Note: Apple’s fiscal 2012 first quarter spanned 14 weeks and ended December 31, 2011; fiscal references differ from the calendar year.
As expected Apple revealed a lot of stats and numbers during the earnings call, and needless to say they were impressive.
- 361 Apple stores in 12 countries
- Store traffic was up by 45%, it reached 110 million compared to 76 million year-over-year
- 22,000 visitors per store per week
- Average revenue of $17.1 million per store compared to $12 million last year
- 130,000 points of sale throughout the world, up 35% year-over-year
- 1.1 million Macs were sold compared to 851,000 year over year
- 100 million downloads from the Mac App Store
- 3-4 Weeks of Mac Channel Inventory
- Apple sold 15.43 million iPads, up 111 percent over the year-ago quarter.
- 4-6 weeks of iPad channel inventory
- Apple sold 15.4 million iPods, representing a 21 percent decline over the year-ago quarter.
- Apple sold 37.04 million iPhones, up 128 percent over the year-ago quarter
- 140 million downloads from the iTunes Store
- 85 million iCloud customers
- App Store now has over 550,000 apps and 170,000 iPad apps
- Developers received $4 billion from Apple for sales from the App Store, $700 million just in the December quarter
- Apple sold a record 1.4 million Apple TV in the past quarter
- Apple posted revenue of $46.33 billion, compared to revenue of $26.7 billion over the year-ago quarter
- Apple posted profits of $13.06 billion, compared to revenue of $6 billion over the year-ago quarter
- $13.87 per diluted share, compared to $6.43 per diluted share over the year-ago quarter
- iTunes Store generated $1.7b of revenue
Those are impressive numbers. 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.”
We can’t wait to find out about the amazing new products that Apple is expected to launch this year.
You can listen to the recording of Apple’s earning conference call here.
Image credit: MacRumors