news

Apple, iPhone Post Monstrous Numbers

In what is becoming the norm for an extraordinary company, Apple Inc. had another monster quarter for the 14-week period ending Dec. 31, 2011.

The consumer-electronics company reported record quarterly revenues ($46.33 billion) and profits ($13.06 billion, or $13.87 per diluted share). Those mammoth figures are well above revenues of $26.74 billion and a profit of $6 billion, or $6.43 per dilute share, in the year-ago quarter.

Apple sold a whopping 37.04 million iPhones in the latest quarter, reflecting 128 percent unit growth over the year-ago quarter. In October, Apple released its iPhone 4S, a smartphone that is now sold in more than 90 countries. Sales of Apple’s tablet computer also remained strong. The company sold 15.43 million iPads, representing an 111 percent increase from the year-ago period.

Apple also sold 5.2 million Macs and 15.4 million iPods.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” Apple CEO Tim Cook said. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Related



Leave a comment

Your email address will not be published. Required fields are marked *

The ID is: 84293