Apple Posts Latest Quarter Revenue and Sales: 46.33 Billion, 37 Million iPhones Sold, 15.4 Million iPads… More!
Apple has jus posted its financial results for the fiscal first quarter that ended on December 31 and was truly an impressive period of three months. Every expectation from specialists was surpassed, as the Cupertino giant posted revenue of $46.33 billion and profits of $13.87a share. The company sold 37.04 million iPhones and 15.43 million iPads in that quarter.
5.2 million Macs and 15.4 million iPods were also sold and estimations previously said that 13.6 million iPads were expected, as well as 30.2 million iPhones and 13.6 million iPods. Every category surpassed predictions, for yet another successful quarter at Apple. If you want a comparison with the previous year, know that revenue was up 73% from a year ago, Mac sales were up 26% compared to last year. As far as apps go, the Mac App store registered over 100 million apps downloads in less than a year.
iTunes Store got $1.7 billion in revenue this quarter with over 20 million songs in inventory reached. On December 25th over 140 million apps and content were downloaded from iTunes, so that’s certainly impressive. CEO Tim Cook particularly mentioned strong sales of the iPhone in Japan, USA, Greater China, with the latter getting an “off the charts” demand. That was expected, as on the day that the iPhone 4S took off in China the queue was huge and incidents broke out.
With all these huge achievements and the recent estimation that Apple is worth $400 billion, more than Greece, one can’t help but wonder what the iPhone 5 and iPad 3 will bring in the future… If Apple keeps it up they’ll become the most valuable company in the world and they’re very close, since they’re in second place now, after Exxon Mobil.