By 25 January 2012 | Categories: news


Apple has announced its financial results for its fiscal 2012 first quarter (Q1), with the company posting record quarterly revenue of $46.33 billion as well as a record quarterly net profit of $13.06 billion. Both of these figures compare very favourably to the $26.74 billion revenue and net quarterly profit of $6 billion for the same period last year.

The Cupertino-based tech firm managed to sell 37.04 million iPhones within the quarter, which represents a 128% unit growth over the year-ago quarter. This while sales on the iPad are also looking good - 15.43 million units were sold during Q1 2012, a 111% increase compared to the same period last year.

Mac computer sales also pressed the up button on the sales elevator as the company sold 5.2 million Macs, a 26% increase. However, iPod sales continue their downward sales trend, with Cupertino only selling 15.4 million iPods, a 21% unit decline from the year-ago quarter. International sales accounted for 58% of the quarter’s revenue.

“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.”

“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” added Peter Oppenheimer, Apple’s chief financial officer. “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion and we expect diluted earnings per share of about $8.50.”

In related news Apple also recently announced its new iBooks textbooks for iPad users, which are set to provide iPad equipped students with interactive textbooks that feature text, animations, photos and video.


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