Brace yourselves. This one’s a biggie:
Apple today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.
The Company sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO, in a statement. “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.”
Trading in AAPL shares has been halted in after-hours trading. Apple shares to resume trading at 4:50pm ET.
Apple will provide live streaming of its Q1 2012 financial results conference call beginning at 5:00pm ET which MacDailyNews will cover with live notes. Check our home page at 4:55-ish for the live conference call coverage.
According Thompson Financial, the analysts’ consensus called for $38.85 billion in revenue and $10.08 EPS.
On October 18, 2011, Peter Oppenheimer, Apple’s CFO, gave Q112 guidance of “revenue of about $37 billion” and “diluted earnings per share of about $9.30.”
MacDailyNews Take: Boom!
just wow.
As my dad used to say, “That tickles me, and I’m hard to make laugh.”
Apple just went thermonuclear.
Over five-million Macs!
“We have amazing new products in the pipeline….”
That statement makes me tingle more than the money 🙂
So does this 17-billion in cash push Apple over the 100-billion mark yet? They must be really close.
I applaud Cook for his stewardship in a Post-Jobs world.
Go AAPL!
At 12/31 cash is 97.6 Billion. 22 days later…has to be over 100 billion…certainly climbing!
At thier current rate you’ll just have to wait 3 to 3.5 weeks and they’ll be $100B+
To infinity and beyond!
hey world… do you hear me now…??? Seriously amazing!!
Siriously amazing!
I am glad I was super wrong about iPhone sales.
Older, first world markets got much bigger sales than I expected. If only iPhone 4S would be selling everywhere in the Q4 total quantity of sales could be like 45 million or something.
Apple is officially #1 smartphones seller in the world, bigger than Samsung. Lets see if media will pay respect to that since they already love so much the idea that Samsung is the leader, even though they stopped reporting their smartphones sales after Q2 of last year.
Apple is also officially #1 electronics company in the world — even bigger than Samsung, which sells everything including irons and washing machines in that department.
Samsung got about $40 billion revenue in Q4.
(“Rumours” said that Samsung sold 35 million smartphones in Q4 — and Apple sold officially 37 million.)
No matter how many smartphones Samsung sold, I’ll bet Samsung did not even make 1/4 the profit per unit compared to Apple’s iPhone. That’s the real story here.
Gross margin of 44.7 percent… That’s for everything, so the profit margin on iPhones may have been in excess of 60 percent.
Samsung does not report smart phones sold. They report handsets SHIPPED. They don’t even report the break out of handsets. This is what Samsung said officially last quarter. Samsung might have SHIPPED 35 million handsets which include dumb and smart phones.
I think actual sales wee higher, since Apple ran down inventory in the channel during the quarter. The number they report is the shipment number, but I think I heard them say actual sell-thru was higher.
Perhaps, but it must be noted that 58% of Apple’s qtrly revenue came from international sales.
This figure is very stable during all of recent quarters. In year or two I would like to see this figure to increase.
Apple achieved 640 000 activations per day as average during Q4. Android activations peaked at 700 000 during Christmas days.
I work on a trading floor and people are just amazed… go aapl, go! SJ has got to be smiling down at this!
SJ’s last words, “Oh, wow! Oh, wow!”
Holy cow!
Holy Fudge!
Where are all the scumbags now?
Working at Micro$oft.
Ouch!
Killer results … from the best (large) company in the world!
Killer results … from the best (largest) company in the world!
FYP
The stock will still wind up getting hammered for some reason
UP 40 !!!!!!!!!!!!!!!!
Stunning indeed… The net profit was more than double the year-ago number, with higher gross margins.
And more than double what Microsoft reported last week.
Microsoft who?
“Boom!”
Thermonuclear!
Scumbag
What?
Is it okay to say HOLY F*CK here? Oh screw it – HOLY F*CK!
So is that in California Tea or Chinese Tea?
For those who don’t get it, oil is also known as Texas Tea.
It’s long green tea.
“Apple’s previous revenue record is $28.57 billion, hit in Q3 2011”
They just skipped right past the $30 billions.
They will hit this mark, too, in the current quarter.
So much for the “law of large numbers”!
Apparently the new law is for Apple to earn large numbers!
How much money did Amazombies made with their record selling Kindle Dire? Hahaha
Luckily they sell a few other things, too.
$46 billion – with that kind of money, you can buy lots of sharks with lasers attached to their heads.
Yes, Apple should buy a shark: a bank, and skin it alive and make it to be more palatable.
Awesome news, but I’m just waiting for the first website or blogger to spin these results as “iPod Sales Plummet!”
They will also say that Apple is doomed because R&D is falling as a percentage of revenue. 😉
I totally agree. The media has not been kind to Apple over the years. As a media employee, former executive, for over 30 years I have seen first hand WinDoze makes up over 90% of computers reporters and editors use on a daily basis. For many reasons, not surprised the newspaper industry is in decline …
Forgot. Apple rules. 🙂
Just count in the iPhones as iPods oh and wait the iPad is an iPod as well so I guess that is a huge increase
Try Paul Thurrott
http://www.winsupersite.com/article/paul-thurrotts-wininfo/apple-blows-doors-spectacular-quarter-142022
That guy always gives faint praise amongst the snide remarks about anything Apple.
Take this for example:
“Apple sold an astonishing 37 million iPhones in the quarter, which is all the more impressive when you consider that the iPhone 4S, which launched in the quarter, is visually identical to its predecessor, and a design that is now over 18 months old.”
That is just beyond imagination…
Shazam!
@Eric T. Mole @Monkey Boy.
Up Yours. Munch on that Kaboom.
To all the naysayers out there… Go f*ck yourselves!!!