Big increases in iPhone, iPad and Mac sales helped Apple generate record sales and profit for its first fiscal quarter ended December 31, 2011.
The firm posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, versus revenue of $26.74 billion and a profit of $6 billion during the same 14 week period the previous year.
The firm said iPhone, iPad and Mac sales reached “all-time record” levels. Apple shifted 37.04 million iPhones in the quarter, an increase of 128 percent year-over-year, as well as 15.43 million iPads, up 111 percent, and 5.2 million Macs, up 26 percent. iPod sales fell 21 percent from the same quarter last year to 15.4 million units.
Apple: CFO Peter Oppenheimer added: “We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter. 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.”