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Apple Reports First Quarter Results
Wednesday, January 23, 2013 - 4:44 PM EST
Posted by: Staff

Apple today announced financial results for its 13-week fiscal 2013 first quarter ended December 29th, 2012. The company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. International sales accounted for 61 percent of the quarter's revenue.

"We're thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter," said Tim Cook, Apple's CEO. "We're very confident in our product pipeline as we continue to focus on innovation and making the best products in the world."

The company also announced that it sold 47.8 million iPhones (up from 37 million a year ago), 22.9 million iPads (up from 15.4 million a year ago), 4.1 million Macs (down from 5.2 million a year ago), and 12.7 million iPods (down from 15.4 million a year ago).

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



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