Printed from http://www.electronista.com

Apple posts $54.51 billion in first-quarter revenue

updated 04:41 pm EST, Wed January 23, 2013

Mixed reactions from investors

Apple is reporting $54.5 billion in revenue and $13.1 billion in net profit for its fiscal first quarter, which ended in December. The company pulled in $13.81 in earnings per share, and sold 47.8 million iPhones, plus 22.9 million iPads, 4.1 million Macs, and 12.7 million iPods. Gross margin was valued at 38.6 percent. Looking ahead to the second quarter, Apple is guiding revenue expectations to between $41 billion and $43 billion, and gross margin to between 37.5 and 38.5 percent.

The figures have already met with mixed reactions from investors, owing to declines in some figures. EPS is down from $13.87 in Q1 2012, although net profit has remained the same. Similarly, gross margin has shrunk from 44.7 percent, and both Mac and iPod sales are down, sliding from 5.2 million and 15.4 million respectively.

At the same time, however, iPhones are up from 37 million, and iPad sales have grown from 15.4 million. The company moreover notes that weekly revenue has risen from $3.3 billion to $4.2, and that it generated $23 billion in cash flow.

International sales (outside the US) represented 61 percent of revenue. Apple is reminding investors that a $2.65-per-share cash dividend is coming on February 14th to people who are registered shareholders by the end of the February 11th business day.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. James Katt

    Fresh-Faced Recruit

    Joined: 03-02-08

    So disappointing.

    I predicted Apple would have $120 BILLION IN REVENUE for its first quarter. But they only did a puny RECORD $54.5 BILLION in revenue. What is up with that? So what if it is a record?

    Apple only had $13.1 BILLION IN PROFIT. Google had $2.9 BILLION in profit in the same quarter. Apple only earned 4.5 times the profit of Google. I expected more.

    Apple's $13.1 BILLION IN PROFIT also is less than all of Microsoft's $16 BILLION IN REVENUE. I expected more. Apple's profit is only 2.9 times Microsoft's $4.5 BILLION IN PROFIT. I expected more.

    Watch Apple's Stock sink. Apple's gonna die. Apple's gonna die. I expected more more more more more. Wahhhh. Wahhhh.

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    :lol:

    The Apple Death Knell Counter

  1. iphonerulez

    Fresh-Faced Recruit

    Joined: 11-28-08

    Apple shares are down...

    Apple shares are down... live with it. :cry: This company might be making all the money in the world, but it's worth next to nothing for investors and shareholders. One of the most important things in investing in a company is that it returns value to shareholders. Apple is failing at doing this. Amazon's share price will probably be higher than Apple's by the end of the year. Apple is sitting on $137 billion in cash, but so what. It's untouchable by anyone except Tim Cook :sleep: and executive friends. What amount of that $137 billion are shareholders seeing? Nada. :confused: Do you really expect Wall Street to put up with that kind of stinginess? They're not. :thumbsdow

    I'm not saying Apple is being run poorly but at this rate, Apple's share price is going to be worth less now than it was two years ago by the end of the year. Apple has enough cash reserve to practically trash Google and Amazon, but instead it's getting trashed by both of them. The company was not aggressive enough to strike while they had a full head of steam. Apple's shareholder value days are over. :brick:

  1. chas_m

    MacNN Staff

    Joined: 08-04-01

    Originally Posted by iphonerulezView Post

    What amount of that $137 billion are shareholders seeing? Nada.



    You are incorrect -- to the tune of about $6 billion. Per QUARTER.

    Oh boo hoo, my AAPL was up ONLY 30 percent this year! Might as well stick my money in a savings account! :D

    The truth is that the company has solid profits and operations, and that analysts are inventing a "competition" that, as far as profits go, simply isn't there. Great time to buy, if you ask me.

  1. blahblahbber

    Banned

    Joined: 02-01-05

    ohhhh, look at that stock price.... reality. I win.


    Maybe crApple is saving its pennies to try and buy samsung. Too bad that type of cash hoarding will be useless down the road unless they buy a broke butt government/country somewhere.

  1. hayesk

    Professional Poster

    Joined: 09-17-99

    No matter what Apple does, shareholders and analysts will be upset. Just look at iphonerulez - he resorts to just making up facts to express his dissatisfaction when he knows damn well that Apple started giving dividends last year. But they still aren't happy because shareholders have absolutely no vision and think Apple should just give away their cash reserve.

    Only one thing to do now: let the price go down, and then go private. Then they can concentrate on making good products now and in the future without having to cow-tow to idiot investors who can't see into next week let alone a few years into the future.

  1. blahblahbber

    Banned

    Joined: 02-01-05

    the future will bring open-source to the forefront... just wait and see.

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    2009 will be the year of Linux on the desktop.

  1. blahblahbber

    Banned

    Joined: 02-01-05

    Originally Posted by Spheric HarlotView Post

    2009 will be the year of Linux on the desktop.



    Tell that to Russia, and others

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    Link please, thank you.

  1. blahblahbber

    Banned

    Joined: 02-01-05

    Originally Posted by Spheric HarlotView Post

    Link please, thank you.

    There you go

    open...: Putin Orders Russian Move to GNU/Linux

    Your Welcome

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    Thanks.

    a) notice the year I've mentioned. People have been claiming this for over a decade.

    b) notice that this presidential decree had to be signed because they'd tried to move, but had completely failed to do so for years. Numbers in Russia are close to zero.

    c) a push by the government to convert government agencies does not mean a huge increase among desktop users.

    d) "others"? (Though I do recall that China was working on their own branch of Linux at some point.) do you have numbers for China or others?

  1. blahblahbber

    Banned

    Joined: 02-01-05

    Do you need me to do more leg work for you?

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    No, that's fine. You have no statistics, but your point has legs. In ten years' time, things might actually have changed, maybe.

    Don't act surprised, though, that people ask YOU to do the legwork to support your claims. I was curious because I'd read about it a while ago, but never seen a follow-up.

  1. Steve Wilkinson

    Fresh-Faced Recruit

    Joined: 12-19-01

    comment title

    @ iphonerulez -

    On the bright side.... if the stock drops enough, Apple could use that cash to buy themselves out of the idiotic public market. Now THAT would be the best way they could ever possibly spend that cash.

  1. besson3c

    Clinically Insane

    Joined: 03-03-01

    Originally Posted by Spheric HarlotView Post

    2009 will be the year of Linux on the desktop.




    Why do you mock such a premise? Is is very likely that Linux will eventually play big role on the desktop, right?

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    Not really.

    Unless you count the shrinking of the desktop market to the point that Linux achieves significant share without increased absolute numbers.

    Also, every year for the past ten years was going to be the Year of Linux On the Desktop.

  1. besson3c

    Clinically Insane

    Joined: 03-03-01

    Originally Posted by Spheric HarlotView Post

    Not really.

    Unless you count the shrinking of the desktop market to the point that Linux achieves significant share without increased absolute numbers.

    Also, every year for the past ten years was going to be the Year of Linux On the Desktop.




    The difference this time is Android.

    Android mobile + desktop workflows will dominate business shortly once an Android desktop OS has been created, unless Windows Mobile really picks up its pace.

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    "Once an Android desktop OS has been created."

    Shortly.

    Get back to me when it happens, and we'll look at the numbers, okay?

  1. besson3c

    Clinically Insane

    Joined: 03-03-01

    Originally Posted by Spheric HarlotView Post

    "Once an Android desktop OS has been created."

    Shortly.

    Get back to me when it happens, and we'll look at the numbers, okay?




    You don't see that writing on the wall? Why wouldn't one be created at an opportune time?

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    The writing on the wall is mobile computing. In fact, that's the screaming outside your window. It's not a subtle trend. Tablet sales are predicted by some to eclipse laptop sales this year, and laptop sales have been killing desktop sales for years now.

    As I said, "unless you count the shrinking of the desktop market to the point that Linux achieves significant share without increased absolute numbers."

    And of course, it's a trivial thing to just create a viable desktop Linux "at an opportune time". After all, they've been doing it for twenty years, to great success.

    In other words, my prediction is that Linux on the Desktop may be dominant, but not before the Desktop has slipped largely into market irrelevance (it will always be important, and continue to exist indefinitely, but not in numbers).

  1. besson3c

    Clinically Insane

    Joined: 03-03-01

    Originally Posted by Spheric HarlotView Post

    The writing on the wall is mobile computing. In fact, that's the screaming outside your window. It's not a subtle trend. Tablet sales are predicted by some to eclipse laptop sales this year, and laptop sales have been killing desktop sales for years now.

    As I said, "unless you count the shrinking of the desktop market to the point that Linux achieves significant share without increased absolute numbers."

    And of course, it's a trivial thing to just create a viable desktop Linux "at an opportune time". After all, they've been doing it for twenty years, to great success.

    In other words, my prediction is that Linux on the Desktop may be dominant, but not before the Desktop has slipped largely into market irrelevance (it will always be important, and continue to exist indefinitely, but not in numbers).




    I think you lack imagination.

    First of all, mobile and desktop OSes will continue to converge. When I talk about Android on the desktop, I'm basically talking about a single OS or a virtually single OS that works on all devices. The application quantity and quality will always follow the market leader where there exists the greatest profit potential, and because of the mobile catalyst Google/Android is poised to be this leader. I say "virtually single OS" because I don't know if Google will go for complete consolidation so that what runs on desktops and mobile devices is a single OS, or two OSes that have binary compatibility between each other with similar user experiences, but I'm pretty confident one or the other will happen.

    Also, by desktops, I simply mean devices with larger screens, and obviously with these sorts of devices a touch interface may merely accompany a more ergonomic point and click type interface. I realize that creating a touch-based interface and a point and click interface are separate challenges now, but I think this will eventually be figured out where either we'll have a single OS and single apps with different modes, or different variants of the OS/apps with binary compatibility.

    Either way, I think one would be drinking too much Apple kool aid if they really expect the iPad to remain the marketshare leader forever. There will ultimately be a myriad of Android tablets as there are phones and PCs today, all available at different price points. The vendors interested and willing to undercut Apple will ultimately prevail. Cheap almost always has the upper hand.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Logitech Hyperion Fury mouse

Selecting the correct gaming mouse comes down to finding a device that balances the needs of a user with a price they can afford. Ofte ...

Life n Soul BM211 Bluetooth speaker

Bluetooth speakers aren't only for listening to some music at the park or on a long bus ride, but can also be built with tablets in mi ...

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Sponsor

toggle

Most Commented

 
toggle

Popular News