January 24, 2012 4:38pm
Apple has just sent out a press release with their Q1 2012 results and yet again they dramatically increased. There were estimates from various analysts that this would be the first time that Apple would pass the $40 billion mark in a quarter… they did. A whopping “record quarterly revenue of $46.33 billion”, they also posted a “record quarterly net profit of $13.06 billion”. Specifically regarding the iPhone – a HUGE 37.04 million iPhones were sold in the quater, which Apple stated was a 128% increase over Q1 2011. In addition, Apple sold 15.43 million iPads, up a stunning 111% from last year. On non-related mobile news, they sold 5.2 million Macs and 15.4 million iPods (a 21% decrease from Q1 2011).
Tim Cook, Apple’s CEO, said “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs. Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
Want more? Apple has $97-billion available in cash (USD funds), and for Q2 they are looking to hit $32.5 billion in revenue. Those amazing products that Cook speaks of could be the iPad 3 and the iPhone 5.
More here via Apple