Apple
announced financial results for its first quarter of the fiscal year
2012, ended December 31,2011. The company reported a record net profit
of $13.06 billion, a major increase compared to last quarter’s profits
of $6.62 billion, but a growth of 117.6% compared to profits of $6
billion, in the year-ago quarter.
The company’s quarterly revenue rose to $46.33 billion in the quarter, an increase of 73.26% compared to $26.74 billion that it reported in the same quarter, last year. International sales accounted for 58 percent of the quarter’s revenue.
The results include an additional 14th week that Apple added to the quarter
The company CEO Tim Cook said, the revenue growth in India has gone up three times.
Though some industry watchers had predicted that Amazon's Kindle Fire, which came out in November, would affect sales of the iPad, Apple executives said there had been no "obvious effect" of the device on sales of its own tablet.
Some points on this quarter report
The company’s quarterly revenue rose to $46.33 billion in the quarter, an increase of 73.26% compared to $26.74 billion that it reported in the same quarter, last year. International sales accounted for 58 percent of the quarter’s revenue.
The results include an additional 14th week that Apple added to the quarter
- iPhones: 37.04 million sold during the quarter, up 128% year on year. Previous quarter, Apple had sold 17.07 million iPhone
- iPads: 15.43 million sold during the quarter, a 111% increase year on year. Last quarter, Apple had sold 11.12 million iPads.
- iPods: 15.4 million sold during the quarter, down 21% year on year. 6.62 million iPods were sold in the last quarter. - Macs: 5.2 million sold during the quarter, a 26% unit increase over the year-ago quarter. This is an improvement over the previous quarter, when Apple had sold 4.89 million Macs
- Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter.
Though some industry watchers had predicted that Amazon's Kindle Fire, which came out in November, would affect sales of the iPad, Apple executives said there had been no "obvious effect" of the device on sales of its own tablet.
Some points on this quarter report
- Apple has paid $4 billion to the app developers. In the last quarter alone they paid $700 million to the developers.
- Apple Cloud service iCloud has 80 million customers
- The company has $97.6 billion in cash at end of December, compared to $81.6 billion at end of the last quarter, an increase in $16 billion.
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