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.





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.