Welcome to iPadForums.net Guest - Click Here to Register

Apple Reports Record First Quarter Results - Blows Past Analyst Expectations

This is a discussion on Apple Reports Record First Quarter Results - Blows Past Analyst Expectations within the Apple iPad News forums, part of the Apple iPad Forums category; Apple just reported their fiscal year 2012 first quarter financials that ended on December 31, 2011, and the numbers are incredible to behold. Their results ...

iPadForums.net is the original Apple iPad Forum! Registered Users do not see these ads. Please Register - It's Free!
+ Reply to Thread
Results 1 to 5 of 5
  1. #1
    Editor in Chief
    Member #
    81963
    Liked
    55 times
    Join Date
    Jul 2011
    Posts
    291

    Apple Reports Record First Quarter Results - Blows Past Analyst Expectations


    Apple just reported their fiscal year 2012 first quarter financials that ended on December 31, 2011, and the numbers are incredible to behold. Their results blasted past analysts predictions. In fact, they called this quarter the "Highest Quarterly Revenue and Earnings Ever" and the "All-Time Record iPhone, iPad and Mac Sales". Apparently, they had a record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. To put it in perspective, this was compared to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, same quarter last year. Their gross margin was 44.7 percent compared to 38.5 from the same quarter last year.

    Apple sold 37.04 million iPhones in the quarter, which was a 128 percent growth compared to the same quarter last year. They sold 15.43 million iPads during the quarter, a 111 percent unit increase, accordingly. Even Apple's venerable line of home computing devices, the MAC did exceptionally well, with a 26% increase in sales over the same quarter last year. The only Apple product that posted a decline was the iPod which saw a 21% decline from the same quarter last year. Here's a quote from Apple's CEO, Tim Cook, followed by a link to the full press release,

    “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs. Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
    What a juggernaut! The amazing technological marvel marches us inevitably toward a brighter future! I can't wait to see what "amazing new products" Tim Cook was referring to.

    Source: Apple

  2. Ads


  3. #2
    Super Moderator
    Member #
    111434
    Liked
    524 times
    Join Date
    Oct 2011
    Location
    Near the Ionian Nebula, still searching for Earth
    Posts
    9,407
    44.7% gross margin is stunning. Heart stopping if your corporate name is Amazon. Then there's the $97.6 billion in cash. What to buy, what to buy?
    AAPL breaks above $460 in extended hours.

    AA

  4. #3
    iPF Novice
    Member #
    23386
    Liked
    2 times
    Join Date
    Dec 2010
    Location
    Simi Valley, CA
    Posts
    57
    When any of your friends start bad mouthing Apple, just recommend they buy some Apple stock and in a few short years they will start loving Apple.

  5. #4
    Super Moderator
    Member #
    111434
    Liked
    524 times
    Join Date
    Oct 2011
    Location
    Near the Ionian Nebula, still searching for Earth
    Posts
    9,407
    AAPL stock touches US $423.7 billion .. surpassing Exxon and briefly, was the worlds biggest company by market capitalization.
    Goldman Sachs raises it's forecast 52 wk high for the stock from $550 to $600.

    AA

  6. #5
    Super Moderator
    Member #
    111434
    Liked
    524 times
    Join Date
    Oct 2011
    Location
    Near the Ionian Nebula, still searching for Earth
    Posts
    9,407
    That should read "market capitalization" of 423.7 billion. (not stock price)

    AA


Home | Forum | Active Topics | What's New

Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Similar Threads

  1. Apple Expected to Report Record Sales for Last Quarter
    By Maura in forum Apple iPad News
    Replies: 0
    Last Post: 01-15-2012, 06:47 AM
  2. Replies: 5
    Last Post: 09-04-2011, 06:36 PM
  3. Apple Posts Staggering Record Third Quarter Results
    By Maura in forum Apple iPad News
    Replies: 3
    Last Post: 07-19-2011, 05:20 PM
  4. Replies: 2
    Last Post: 06-30-2011, 01:45 PM
  5. Apple posts record $3.25b profit in first quarter.
    By JohnnyApple in forum Apple iPad News
    Replies: 0
    Last Post: 07-20-2010, 04:26 PM

Search tags for this page

apple report 1st quarter result

,

apple reports first quarter results

Click on a term to search for related topics.