Apple’s Q1 2013 Results: By The Numbers

Yesterday,  Apple posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.87 per diluted share in Q1 2013 (fourth calendar quarter), compared to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the year-ago quarter.

As expected, Apple revealed a lot of stats and numbers during the earnings call. We take a close look at those numbers.

iPhone:

  • Apple sold 47.8 million iPhones, compared to 37 million iPhones in the year-ago quarter, up 29 percent over the year-ago quarter
  • iPhone generated $30.66 billion in revenues for Apple (accounts for 54% of Apple’s revenues), an increase of 28 percent compared to same quarter last year
  • Growth of over 100% year over year in greater China

iPad:

  • Apple sold 22.86 million iPads, up 48 percent over the year-ago quarter.
  • 4 to 6 weeks of channel inventory
iPod:
  • Apple sold 12.7 million iPods, compared to 15.4 million iPods over the year-ago quarter, down 18% over the year-ago quarter
  • iPod touch accounts for more than half of the iPod sales
iOS:
  • More than 500 million cumulative iOS device sales
  • 250 million iCloud customers
  • More than 2 billion iMessages sent per day
  • App Store is now available in over 155 countries. It has over 775,000 apps and 300,000 iPad apps
  • 2 billion apps were downloaded in December alone
  • $2.1 billion in revenues from iTunes Store
  • iTunes Store was launched in 56 new countries in the last quarter
  • Apple has paid out over $7 billion to developers so far

Mac:

  • 4.06 million Macs were sold during the quarter, down 22% over the year-ago-quarter
  • 3-4 Weeks of Mac Channel Inventory

Apple Stores:

  • 396 Apple stores. 11 new stores including 4 new stores in Greater China. Relocated or expanded 14 stores that had outgrown their space.
  • Store traffic was up by approximately 10%, 121 million visitors compared to 110 million visitors year-over-year
  • 23,000 visitors per store per week
  • Average revenue of $16.3 million per store
  • 791,000 Macs were sold in retail sores

Financials:

  • Apple posted revenue of $54.5 billion, compared to revenue of $35.97 billion over the year-ago quarter
  • Apple posted profits of $13.1 billion, which is the same as year-ago quarter
  • $13.81 per diluted share, compared to $13.87 per diluted share over the year-ago quarter
  • Apple has $137.1 billion in cash at end of December quarter, up $16 billion from the last quarter.
  • $94 billion in cash is offshore
  • Dividend payout of $2.65 payable in February.

applelinechart

Those are some impressive set of numbers for a company that generates more than $100 billion in revenues in a year, however Wall Street isn’t impressed. Apple’s stock has got hammered in after market trading and is down by over 8% at the time of writing this post. Investors and analysts seem to be quite concerned about Apple’s growth prospects.

You can listen to the recording of Apple’s earning conference call here.

Via: MacRumors

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  • Pacomacman

    Why are these figures so different from the article posted only a couple of days ago? (i.e. this article iPad sales up 48% and in last article only up 33%).

    • http://www.facebook.com/THExREALxTACO Jeremy Taco Patterson

      Maybe that was comparing Q1 2013 to Q4 2012, where this is comparing Q1 2013 to Q1 2012?

    • http://www.iphonehacks.com iPhoneHacks

      There was an error in yesterday’s article, it has been corrected.

      I referred to this data sheet published by Apple (Year/Year Change): https://www.apple.com/pr/pdf/q1fy13datasum.pdf

  • Shrivatsa Somany

    Greatest ever earnings call in history -> Stock down 10%.
    I don’t understand “ANALYSTS”

    • BoatBoy

      Analysts look at earnings per share. These were $13.81 per
      diluted share, compared to $13.87 per diluted share over the year-ago
      quarter; this id down $.06 per share from a year ago. They also look at the
      broad scope of the products and are they gaining market share, staying even or
      losing share. Other than the iPhone and iPad, everything else is basically
      flat. They also look at where the expansion came from and it was for opening
      new markets, not from gaining share in existing markets. Add to this the fact
      that Android is gaining share, Windows and RIM are trying their best to also
      get back into the game and Apple has not released a new product in years (sure they have release updates to existing products, but nothing new) and you see why the stock is taking a hit. I am sure the fact that Jobs is gone is factored
      in also.

      • Shrivatsa Somany

        First of all, thanks for that awesome reply. I’m doing my bid to not make it useless :)

        I do understand your points.

  • m Arch Tom’s on Bar N Ass

    we don’t even need to read the article to understand what is going on. following recent stock options conversion into +-7$ per share, it’s about time to get AAPL price into a free fall and get ready for selling the whole lot. 400.000$ investment worth $29M then ( in shares ) and now (or soon), placing a R.O.I which is far more than twice or three times the initial investment.

  • Lucas182

    iPhone = 54%. Time for Apple to get serious about freeing some of its firmware or theyre screwed in 2013. Ive been an iPhone lover since the very first iPhone, but truth is Android is a better OS unless you have a jailbreak. After years of drinking from the same cool aid, Im ready to jump to samsung, unless I start seeing signs of innovation. An iPhone without Sbsettings is like… pathetic (I couldnt think of anything).