Apple Q1 2012 Results: Record Sales, Revenue, & Profit
Apple has reported an absolute blowout first quarter for fiscal 2012, far exceeding any analysts expectations across the entire product lineup. Record iPhone sales, huge iPad and iPod sales, big Mac sales, giant revenues and profits, Apple is on fire. Take a look at some of these numbers:
Q1 2012 Financials:
- $46.33 billion in revenue
- $13.06 billion net profit
- International sales accounted for 58% of quarters revenue
- Gross margins of 44.7%
- Apple is currently holding over $97,600,000,000 (yes, billion) in cash
Q1 2012 Hardware Numbers:
- 37.04 million iPhones sold
- 15.43 million iPads sold
- 15.4 million iPods sold
- 5.2 million Macs sold
Q1 2012 Other Numbers:
- 85 million iCloud users
- 140 million App Store downloads on Christmas Day alone
- 110 million visitors to Apple Stores
On the quarter, CEO Tim Cook says:
“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.”
You can read more about this quarters results on Apple.com
In after hours trading, Apple is now the most valuable company in the world.