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The Disappointing Phone Brings The Most Astonishing Quarter Yet: Apple Posts First Quarter Sales

By Sajin

January 25, 2012 2 Min Read

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Apple today announced their financial results for its fiscal 2012 first quarter which was a 14 weeks period that ended on 31st December 2011. Apple made a record revenue of $46.33 billion and a record quarterly net profit of $13.06 billion i.e. $13.87 per diluted share. In the last year for the same quarter, Apple reported a revenue of $26.74 billion and net quarterly profit of $6 billion. International sales accounted for 58% of the quarter sales.

Apple managed to sell 37.04 million iPhones that denotes a 128 percent unit growth over the previous year. Apple also sold 15.43 million iPads during the quarter which is 111 percent unit increase over the last year. Mac sales saw a 26 percent unit increase over the last year with 5.2 million sales. Apple’s iPods saw a total sales of 15.4 million units which was a 21 percent unit decline from the same quarter a year ago.

Apple have generated a whopping $17.5 billion in cash flow during this December quarter. Apple is looking forward to $32.5 billion in revenue for the second quarter which will be a period of 13 weeks said Peter Oppenheimer, Apple Chief Finance officer.