|Apple Reports Highest First Quarter Revenue, Ever, $46.33 Billion|
Apple Reports Highest First Quarter Revenue, Ever, $46.33 Billion [apple.com]
|January 24, 2012—Apple® today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue. |
The Company sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.
“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.”
Some serious cash there! I just HOPE that this translates to some US jobs.. but investors love the apple margin and people buy the stuff up, so there is no stopping it, at least until someone else comes up with a similar fashion line of computers. Looks like Vizio isn't going to sit on the sidelines, acer may re-stuctre and HP and Dell need to be dwindled down to a few devices with better support, better features, better integration out the door.
Good news but I don't know how many more pieces of hardware they can create after the ipod, ipad, and iphone that consumers will want/need.
All that money in their bank is in stark contrast to the money in the bank and the living conditions of those who actually make the products.