Apple Kicks Ass with Record Q1 Results; Sells 37m iPhones, 15.4m iPads, 5.2m Macs

Apple’s fiscal first quarter (ended December 31, 2011) results were like its products – sizzling.

The company reported a profit of $13.06 billion ($13.87 per share) on revenues of $46.33 billion.

* Click here to see Apple’s Segment-wise Results for Fiscal Q1, 2012

iPhone, iPad Going Gangbusters

No surprise that sales of the company’s hot iPhone 4S and iPad 2 were at a scorching pace during the holiday season.

During the quarter, Apple sold 37.04 million iPhones, a 128% unit growth over the year-ago quarter.

Tablet sales came in strong too.

Apple sold 15.43 million iPads, a 111% unit increase over the year-ago quarter.

Apple Q1 2012 Results

Sales of Mac computers grew modestly in comparison.

Apple sold 5.2 million Macs (including an iMac to us), a 26% unit increase over the year-ago quarter.

Sales of the iPod music and video devices hit a pothole again as their functions have been subsumed in the iPhone. Apple sold 15.4 million iPods, a 21% unit decline from the year-ago quarter.

For the current quarter, Apple set a modest revenue target of $32.5 billion and expect diluted earnings per share of about $8.50.

Related Content:
Apple’s Segment-wise Results for Fiscal Q1, 2012

You must be logged in to post a comment Login