Apple Reports Record Profits And iPhone Sales

Apple has released its latest earnings report for the first fiscal quarter of 2012, which covers the period of 14 weeks up to the 31st of December 2011, and the company has once again reported record profits.
Apple generated a total of $46.33 billion for the quarter with a net quarterly profit of $13.06 billion, and we also got some details on how many iPhones, iPads and Macs the company had sold.
iPhone 4S
Once again Apple have beaten their previous records for iPhone sales with a total of 37.04 million iPhone sales, which is a 128 percent increase over the same period in the previous year.
Apple also sold a total of 15.43 million iPads which is a 111 percent increase over the same period in the previous year and they sold a total of 5.2 million Macs, which is up 26 percent on the previous year.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion and we expect diluted earnings per share of about $8.50.”
Apple’s strong iPhone sales were boosted by the launch of the new iPhone 4S which went on sale in October of last year, we wonder if Apple can continue to keep up this massive growth over the next quarter.


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