Q1 2012: Best Quarter Ever for Apple with $13.06 Billion Profit! Apple Financial Results
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January 25, 2012 • 
Apple is going held a conference call for revealing the financial results for Q4 2011 & Q1 2012, today. The latest financial reports reveal that first quarter of this year proved best quarter ever for Apple since the company gained the record net profit of $13.06 on total revenue of $46.33, or $13.87 per diluted share as compared to its financial report for the first quarter of the previous year showing revenue of $26.7 billion and net profit of $6 billion, or $6.43 per diluted share. Similarly the gross margin also boosted to 44.7 percent, compared to 38.5 percent in the year-ago quarter. Apple’s international sales have a share of 58 percent of the entire quarter’s revenue. With these quarterly profit and revenue, Apple has set new records of performance and profitability at a time.
During Q1 2012, Apple succeeded to sell out 5.2 million Macintosh computers (26% up from previous year). The biggest ever rise noted for the quarterly iPhone unit sales which kissed the amazing figure of 37.04 million showing 128 percent increase from the year-ago quarter. Similarly Apple’s iPad sales touched the gigantic figure of 15.43 million units which are recorded as 111 percent boosted from the year ago quarter. However, iPod touch showed a poor performance as its sales remained limited to only 15.5 million units representing a decline 21 percent over the year-ago quarter. Except iPod, Apple has set new company’s records Apple for iPhone, iPad, and Mac sales during the first quarter of 2012.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
Apple expects huge revenue of $32.5 billion for the Q2 2012and $8.50 earnings per diluted share.
The live streaming of Apple’s Q1 2012 financial results conference call will be offered at 2:00 PM Pacific.
Major Highlights of Apple’s Financial Results Conference Call are given below;
- Highest quarterly revenue and earnings in Apple history.
- Numerous new records for quarterly iPhone, iPad, and Mac Sales
- Extremely pleased with momentum of the business
- Sales aided by inclusion of 14th week in the quarter.
- Net income increased 118% year-over-year, equal to half of net income generated over all of fiscal 2011
- Set new records for desktops and portables, up 26% year-over-year versus 0% growth for entire PC industry
Via: Macrumors
