Apple Q1 2011 Results: $26.7B Revenue, $6B Profit, 16.24M iPhones Sold, and 7.33M iPads Sold
Apple Inc. (NASDAQ:AAPL) has announced their first quarter results today in a press release. During the fiscal 2011 first quarter ended December 25, 2010, Apple posted a record revenue of $26.74 billion and a net quarterly profit of $6 billion.
Apple sold about 4.13 million Macs during the quarter, which is a 23% increase from a year ago. Apple sold 16.24 million iPhones, 19.45 million iPods, and 7.33 million iPads during the quarter.
“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” stated Steve Jobs, Apple’s CEO. “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry