Apple Reports Their Best Quarter Ever

Today Apple Inc. announced the financial results for the first 2012 quarter which spanned 14 weeks and ended December 31, 2011. The company reported $46.33 billion and recorded a net profit of $13.06 billion. One year ago, the company reported $26.74 billion in revenues and profits of $6 billion. International sales accounted for 58% of the company’s revenue.

Apple sold 37.04 million iPhones in the quarter which is a 128% unit growth over the quarter from one year ago. Apple also sold 15.43 million iPads during the quarter, which is a 111% percent unit increase over the quarter from a year ago. In terms of laptop sales, Apple sold 5.2 million Macs during the quarter. The iPod music player saw 15.4 million unit sales.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” stated Apple CEO Tim Cook. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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