The company announced its revenue and earnings for the last quarter, setting a new record and posting figures way above analyst expectations:
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. “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.”
So, quarters after quarters, Apple keeps growing and its success too. If you add to this information that more than half of Verizon Q4 2011 sales for smartphones were iPhone, we can easily understand how Apple can post such impressive numbers: 37.04 million iPhones, 15.43 million iPads, 5.2 million Macs and 15.4 million iPods. The latest are the only category where Apple recorded a decline of sales, and it probably indicates that the market for audio/video only devices is slowly but surely migrating to a phone/audio/video.
