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

Like this post? Share it!