Apple PR:
Apple® today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.
The Company sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.
That’s insane.
This breaks previous company records for all of the following:
- Revenue
- Profit
- iPhones sold
- iPads sold
- Macs sold
To say it was a great Christmas in Cupertino would be a gross understatement.
Here are some other tidbits to chew on from various sources.
From MacRumors:
- Set new records for desktops and portables, up 26% year-over-year versus 0% growth for entire PC industry.
- iPhone represented 124% year-over-year growth vs 40% growth for industry according to IDC.
- iPad revenue up 99% year-over-year.
- 1.5 million iPads are in use across educational institutions.
- 315 million cumulative iOS device sales. 62 million in December quarter.
- 85 million iCloud customers signed up.
- $4 billion to developers cumulatively, $700 million in december quarter.
- 1.1 million Macs sold vs 851,000 year-over-year.
- 22,000 visitors per store per week.
- $97.6 billion in cash and marketable securities.
I picked what I found especially interesting. Their list is much longer (and their graphs paint quite the picture). One more thing from MacRumors’ coverage that I want to point out is this bit from the Q&A:
Q: 4G and larger screens are growing in the market. Has popularity of larger screens on Android phones changed or impacted your view? And 4G, obviously some phones have battery life issues, but what do you think?
A: We just sold 37 million iPhones and could have sold more with the supply. There are a lot of people out there who like what we’re doing.
I still don’t think the rumored 4-inch screen, 4G-enabled iPhone is happening any time soon. First, the 3.5-inch is feels great in your hand, and fits well in most pockets (and certainly better than a larger phone). Second, Apple really cares about battery life, and 4G doesn’t seem up to par yet.
From Farhad Manjoo, via Daring Fireball:
Apple’s profits ($13 billion) exceeded Google’s entire revenue ($10.6 billion).
Surely Google is winning.
And, in related news, Tom Krazit, for PaidContent, via, again, Daring Fireball:
In the first quarter that Verizon Wireless was on board with Apple for an iPhone launch event, the company sold 4.2 million iPhones, accounting for more than half of the 7.7 million smartphones that its customers purchased in the fourth quarter.
That calculates out to 55%. 55% of all the smartphones Verizon sold last quarter were made by Apple. I still get the feeling that Verizon is a little resentful that they needed to carry the iPhone, and I bet that is a burr in their saddle. That number gives Apple a pretty big chip to throw down if they need to.
Also, clearly Google is winning.
MG Siegler:
Every single Android phone that Verizon sells — dozens of models — combined could not outsell the iPhone last quarter. When you consider that Verizon sells plenty of BlackBerrys (and a few Windows Phones here and there) as well, this is even more incredible.
[…]
The only thing not looking good about this post from June of last year is the incorrect assumption that it would take the iPhone 5 to reverse the Android surge. It “only” took the iPhone 4S.
“Only”.
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