Apple Reports Q1 Results with Highest Quarterly Revenue and Earnings Ever
Posted on January 24, 2012 by kelly maddox
Apple today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The company reported all-time record iPhone, iPad and Mac sales, and posted a record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion.
Apple sold 37.04 million iPhones in the quarter, a 128 percent unit growth over the year-ago quarter. 15.43 million iPads sold during the quarter, a 111 percent unite increase over the year-ago quarter. The company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter.