Apple Reports Record Results
by Volker Weber
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.
Best quarter ever, beating estimates by more than 10%. 37.04 million iPhones (up 128 percent), 15.43 million iPads (up 111 percent) , 5.2 million Macs (up 26 percent), 15.4 million iPods (down 21 percent).
