Connected Magazine

Main Menu

  • News
  • Products
    • Audio
    • Collaboration
    • Control
    • Digital Signage
    • Education
    • IoT
    • Networking
    • Software
    • Video
  • Reviews
  • Sponsored
  • Integrate
    • Integrate 2024
    • Integrate 2023
    • Integrate 2022
    • Integrate 2021

logo

Connected Magazine

  • News
  • Products
    • Audio
    • Collaboration
    • Control
    • Digital Signage
    • Education
    • IoT
    • Networking
    • Software
    • Video
  • Reviews
  • Sponsored
  • Integrate
    • Integrate 2024
    • Integrate 2023
    • Integrate 2022
    • Integrate 2021
News
Home›News›Apple reports first quarter results

Apple reports first quarter results

By Staff Writer
03/02/2012
430
0

The Company posted record quarterly revenue of $US46.33 billion and record quarterly net profit of $US13.06 billion, or $US13.87 per diluted share. These results compare to revenue of $US26.74 billion and net quarterly profit of $US6 billion, or $US6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7% compared to 38.5% in the year-ago quarter. International sales accounted for 58% of the quarter’s revenue.

The Company sold 37.04 million iPhones in the quarter, representing 128% unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111% unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26% unit increase over the year-ago quarter. Apple sold 15.4 million iPods, a 21% unit decline from the year-ago quarter.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” says Apple chief executive Tim Cook.

ADVERTISEMENT

“Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” says Apple chief financial officer Peter Oppenheimer.

“Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $US32.5 billion and we expect diluted earnings per share of about $US8.50.”

  • ADVERTISEMENT

  • ADVERTISEMENT

TagsIndustry news
Previous Article

Vantage Controls 850D-DA Digital Distributed Audio Amplifier

Next Article

HDBaseT Technology covers ISE 2012 show floor

  • ADVERTISEMENT

  • ADVERTISEMENT

Advertisement

Sign up to our newsletter

Advertisement

Advertisement

Advertisement

Advertisement

  • HOME
  • ABOUT CONNECTED
  • DOWNLOAD MEDIA KIT
  • CONTRIBUTE
  • CONTACT US