The holiday season was a pretty remarkable one for Apple which sold over 37 Million iPhone, helped by the release of iPhone 4S and over 15 million iPads. Apple sales had exceed companies projects along with Analysts projects.
Speaking at the earnings call, Jobs’ replacement Tim Cook was quick to heap praise on the progress of the fruit company during the last three months:
We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs . . Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.
By new products, he’s likely pointing to the imminent iPad 3 release, with the device rumored to be hitting stores in March and boasting Retina display amongst a few other notable improvements. Another possible new product is the Apple Television.
“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.”
To wrap up the whole call in simple figures, here’s the breakdown; Apple made $46.33 billion in revenue, 37.04 million iPhones were sold, 15.43 million iPads have been sold and last but bot the least; 5.2 million Macs were sold! Now those are pretty impressive numbers to drool over! Another number to drool over, the $97 Billion dollars that they have in the bank!
(source Apple)
