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.
- 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
- Apple sold 22.86 million iPads, up 48 percent over the year-ago quarter.
- 4 to 6 weeks of channel inventory
- 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
- 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
- 4.06 million Macs were sold during the quarter, down 22% over the year-ago-quarter
- 3-4 Weeks of Mac Channel Inventory
- 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
- 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.
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.