Apple announced that it posted a record revenue/profit in its 2012 first quarter financial results. In the Apple’s quarter without Steve Jobs, thanks to its awesome line of products and the holiday season, Apple did extremely well.
Apple’s iPhone, iPad and Mac drove Apple’s growth this quarter. Apple sold a whopping 37.04 million iPhones in the quarter, with an increase of 128% over the year-ago quarter. Apple sold 15.43 million iPads with a 111% growth over the year-ago quarter. And Apple sold 5.2 million Macs, a 26% increase over the year-ago quarter. Just like previous quarters, Apple’s iPod sales continued to drop. In this quarter Apple sole 15.4 million iPods, a 21% decline from the year-ago quarter.
Riding on iPhone/iPad/mac sales during the holiday season, Apple posted a record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion. In the year ago quarter, Apple’s revenue was $26.74 billion and net quarterly profit was $6 billion.
Tim Cook, Apple’s CEO, announcing his first quarter results said that
We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs. Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.
Peter Oppenheimer, Apple’s CFO, said that
We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter. 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.
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