Apple posts record breaking 1Q revenue

Apple is off to a very fast start this year, a record breaking start if you will and if Wednesday goes well, they may very well be setting records all year long.

Apple's profits are at an all-time high.

Apple's profits are at an all-time high.

The company, which is based here in Cupertino, posted their first quarter earnings, earnings which ended December 26th and the results are nothing short of completely mind-bending and astounding. Overall, Apple posted revenue of 15.68 billion dollars and a net profit of $3.38 billion.

Here`s how it broke down:

Apple sold 3.36 million Macintosh® computers during the quarter, representing a 33 percent unit increase over the year-ago quarter. The Company sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter. Apple sold 21 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter.

Impressive, very, very impressive.

It`s interesting to note that 8.6 million of those iPhones were bought here in San Francisco. Just kidding of course.

The supreme ruler of Apple, Steve Jobs went on to say that “if you annualize our quarterly revenue, it`s surprising that Apple is now a $50+ billion company.”

Yeah, real surprising Steve.

Oh, and that new product that`s debuting?

The new products we are planning to release this year are very strong, starting this week with a major new product that we`re really excited about.

Details, Steve, we want details.

So yes, one of the Bay Area`s biggest companies is, if you didn`t know it already, a juggernaut with no signs of slowing down any time soon.



Comments

No comments yet.

Add Yours

  • Author Avatar

    YOU


Comment Arrow



About Author

Adam Mills

This author has not yet written a description. Please give them some time to get acquainted with the site and surely they will write their masterpiece.