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As promised, Apple delivers biggest iPhone (and iPad and Mac) quarter yet

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In his first full quarter as Apple CEO, Tim Cook delivered. For the first fiscal quarter of 2012 Apple posted its most impressive quarter yet: record revenue of $46.3 billion and earnings of $13.87 per share.

He predicted record-breaking numbers in October, when he estimated $37 billion in revenue and earnings of $9.30 per share. Watchers of the company on Wall Street were anticipating revenue between $35.3 billion and $41.8 billion and earnings between $8.88 and $11.45 per share. Apple smashed both those predictions. Cook also said it would be the biggest iPhone quarter ever, and it was. It was also Apple’s biggest iPad and Mac quarter, too.

Here’s a quick breakdown of the main product lines sales:

  • 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter.
  • 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter.
  • 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter.
  • 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.

For all products, Apple says international sales accounted for 58 percent of the quarter’s revenue.

Cook crowed about the results in a press release about the results, and even threw out a bit about future products: “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Cook. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

3 Responses to “As promised, Apple delivers biggest iPhone (and iPad and Mac) quarter yet”

  1. iPhones are cannibalizing the iPods. That’s to be expected. As iPods age, the price difference between an iPhone and an iPod is minimal. Most buyers will move from iPod to iPhone.