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Apple Q1 results hit $46.33B in revenue, top forecasts

updated 04:40 pm EST, Tue January 24, 2012

Company achieves 'record' iPhone, iPad, Mac sales

Apple has announced the results of its first fiscal quarter, which ended December 31st. The company is reporting a massive $46.33 billion in revenue, with a net profit of $13.06 billion, or $13.87 per diluted share. In comparison, Apple achieved revenue of just $26.74 billion in Q1 2011, with a net profit of $6 billion, or $6.43 per diluted share.

iPhone sales reached 37.04 million units, up 128 percent year-over-year. iPads numbers shot up 111 percent to 15.43 million, while Macs grew 26 percent to 5.2 million. iPods continued a persistent decline, sliding 21 percent to 15.4 million.

"We're thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs," reads a prepared statement by Apple CEO Tim Cook.. "Apple's momentum is incredibly strong, and we have some amazing new products in the pipeline."

Apple CFO Peter Oppenheimer indicates that the company produced over $17.5 in operational cash flow, and that for Q2 2012, the company is guiding to $32.5 billion in revenue, with earnings per share of $8.50.



By Electronista Staff
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Comments

  1. climacs

    Dedicated MacNNer

    Joined: Sep 2001

    +2

    AAPL takes off in after-hours

    reached $468, nearly $50 above closing price. Now 'settling down' to $458.

    Keep in mind that after-hours trading is thin and highly volatile. Overnight gains (or losses) can disappear at the next trading day.

  1. climacs

    Dedicated MacNNer

    Joined: Sep 2001

    +8

    key quote

    we have some amazing new products in the pipeline.

    translation: you ain't seen nothin' yet. Apple HDTVs and ???.

    As a shareholder... I'm grinning ear-to-ear.

  1. climacs

    Dedicated MacNNer

    Joined: Sep 2001

    +3

    if $450/share holds

    Apple's market cap will be $418 billion... I think that's enough to put Apple ahead of ExxonMobil again as the US' most valuable company.

    (I read recently that PetroChina is the world's most valuable company, but no info on its market cap)

  1. mattack

    Fresh-Faced Recruit

    Joined: Aug 2009

    -9

    getaneditor

    "Compan achieves 'record' iPhone, iPad, Mac sales"

    Compan? GET AN EDITOR.

  1. climacs

    Dedicated MacNNer

    Joined: Sep 2001

    +9

    it's a typo

    get over it, typo n***

  1. revco

    Fresh-Faced Recruit

    Joined: May 2005

    +1

    minor refresh

    >>iPods continued a persistent decline, sliding 21 percent to 15.4 million

    Only a minor refresh for iPods in 2011. Hence the lack of sales (if you could call 15.4m disappointing).

  1. mac_in_tosh

    Junior Member

    Joined: Dec 2011

    0

    U.S. Jobs

    Puts a lie to the claim that manufacturing jobs at Apple have to be in China to make them competitive.

    And what if their plants were in the U.S. and they "only" made $45B?

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