Apple Reports Record Quarterly Numbers

Wednesday, January 25, 2012

Apple Reports Record Quarterly Numbers

in 06:46 GMT , By الصحة الاول

Apple posted financial results for the first fiscal quarter of 2012 that ended on December 31, 2011. The numbers speak of record quarterly revenues of $46.33 billion ($26.74 billion last year) as well as record quarterly net profits of $13.06 billion ($6 billion in the year-ago quarter).

37.04 million iPhones were sold in the quarter alone which account for a 128% growth compared to the same period of last year. 15.43 million iPads found new owners representing a 111% growth year-on-year, contributing to a total number of 52.47 million iOS devices Cupertino managed to sell. The numbers also talk about a 26% and 21% year-on-year growth with relation to Mac computers and iPods being sold.

Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline, said Tim Cook, CEO of Apple. The company is expecting nice numbers for the short-term future too: "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", said Peter Oppenheimer, Apple’s CFO.

Source: pocketnow , Apple