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Apple Reports First Quarter Results

 
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PostPosted: Tue Jan 24, 2012 5:04 pm    Post subject: Apple Reports First Quarter Results Reply with quote

Apple Reports First Quarter Results
Tuesday, January 24, 2012
Posted by: Staff

Apple today announced financial results for its fiscal 2012 first quarter, which ended on December 31st, 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. The company also announced that international sales accounted for 58 percent of the quarter's revenue.

"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 shipped 5.2 million Macintosh computers during the quarter, a unit increase of 26 percent over the year-ago quarter. Quarterly iPhone unit sales reached 37.04 million, up 128 percent from the year-ago quarter, and the company sold 15.4 million iPods during the quarter, representing 21 percent unit decline over the year-ago quarter. Apple also sold 15.43 million iPads during the quarter, up 111 percent over the year-ago quarter.

You can listen to the conference call here for more information.



http://www.123macmini.com/news/story/1774.html
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WheelSpinners
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PostPosted: Tue Jan 24, 2012 5:18 pm    Post subject: Reply with quote

It looks like the iPod nano I bought in November put them over the line. Laughing

They sure do make a lot of money. Shocked
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g5g5
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PostPosted: Tue Jan 24, 2012 6:34 pm    Post subject: Reply with quote

It's hard to believe, but Apple has almost 100 billion in cash now. What's strange though, is 64 billion of that is offshore. It's like they have no trust in our financial system or something. Confused
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ez061111
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PostPosted: Wed Jan 25, 2012 12:13 am    Post subject: Reply with quote

After hours were pretty incredible today (up $30.67 to $451.08 ), so much emotion in this stock for the last few years after earnings results. It'll be interesting to see if the emotion how the emotion goes tomorrow.
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PostPosted: Wed Jan 25, 2012 1:38 am    Post subject: Reply with quote

I sold about 200 shares of Apple stock for $30 one time. I kick myself in the head almost everyday for that one. I did make a profit, but those 200 shares would be worth 90K today. Mad
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