Apple Posts Record Earnings, Sells 37 Million iPhones in Last Quarter
Apple Posts Record Earnings, Sells 37 Million iPhones in Last Quarter
Posted 01/24/2012 at 3:41pm
| by Ryan Whitwam
5
Comments
Print
We always expect Apple to post big quarterly numbers, but the sheer volume of cash Apple made last quarter almost defies description. The Cupertino-based maker of iDevices has announced that it pulled in $46.3 billion in revenue for Fiscal Q1 2012, the period that ended December 31. That is nearly double the 2011 value.
When all the costs were figured in, Apple made a record $13.06 billion in profit, which works out to $13.87 per-share. Much of this windfall came from the launch of the iPhone 4S early in the quarter; in all 37.04 million of the devices were sold. The company’s other products didn’t fare poorly either. The iPad moved over 15 million units, and the Mac sold 5.2 million. iPods are still charting over 15 million units as well.
For reference, Microsoft had revenue of $20.9 billion, and IBM pulled in gross income of $29.5 billion. Clearly, Apple’s numbers are insane. Without Steve Jobs at the helm, do you think they can continue this trend?
More like this
5
Comments
Comments are closed on this article
The Corrupted One
January 24, 2012 at 7:29pm
I laugh so hard at "Think Different" signs now.
Apple has become so cliche, so overused by everyone, that when I walk into a room and say "I build my own computers, and I use Windows 7" people have a lot of negative reactions, and sometimes even insult me.
Now, the best they can do is quote the Mac vs. PC ad campaign, so I can defend my position pretty well, but it's now evident that to use a Mac is no longer to think different.
philipa25
January 25, 2012 at 7:29am
No longer think different? I think it's more like they just don't think period.
Baer
January 24, 2012 at 4:35pm
....No, not forever but not because Jobs is gone. To all things there is a cycle and the Apple design is now being taken seriously by competitors.
Engelsstaub
January 24, 2012 at 4:08pm
...yes.
Critics, bloggers, and pundits who keep prophesying Apple's doom because of the death of its co-founder have just as much fruit in their heads as those who believe he was anything more than an ambitious human and businessman.
CaptainFabulous
January 24, 2012 at 5:30pm
Once Tim Cook masters the Force Choke and Force Lightning he'll be just as formidable a CEO/Cult Leader/Evil Emperor as his sociopathic lord was.
Connect with MaximumPC
Featured Content
The gang discusses the GTX 690, Trinity, Ivy Bridge, Amazon, big-box stores, MMOs,...
This month's issue
Feature
Build a PC On Any Budget
Feature
Cloud Services Showdown
How-To
Encrypt Your External Drive
Build It
Upgrade an X58 Rig
Most Commented Articles
Latest Max PC Tweets
- maximumpc: Original RickRoll Video Returns to YouTube After 24-Hour Copyright Hiatus http://t.co/MaH9Sxyy22 hours 16 min ago
- maximumpc: Corsair has decided not to go forward with its $78 million IPO, citing weak equity market conditions http://t.co/A5a4DAzj22 hours 26 min ago
- maximumpc: Want to work at Maximum PC? Our Online Managing Editor, Alex, is moving away, so we need a new one. http://t.co/9Z7JCh0E2 days 20 hours ago
