• Apple Posts Highest Quarterly Revenue and Earnings Ever

    Posted by Mike Yawney on January 25th, 2012 View Comments

    This really should come as no surprise however the numbers truly are staggering. Apple has just announced its first quarter earnings for 2012, reporting $46.33 billion in total sales with $13.06 billion earnings.

    In the last 14 weeks of 2011 (first quarter of the 2012 fiscal year) Apple sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. iPads were just as popular as ever with 15.43 million sold during the quarter, a 111 percent unit increase over the year-ago quarter. And Mac computers are certainly gaining more market share as 5.2 million were sold, a 26 percent unit increase over the year-ago quarter.

    The only disappointing news for Apple related to the iPod. While Apple sold 15.4 units that represented a 21 percent decline from the same quarter one year ago.

    Essentially Apple is bringing in $1666 profit every second of the day. Wowza!

    [Apple]

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