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Daily News

Apple Reports Best Quarter Ever
Jan 27, 2012
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Apple had a very good first quarter to its 2012 fiscal year. In the quarter ending Dec. 31, 2012, Apple posted record revenue of $46.33 billion and record net profit of $13.06 billion. Revenue was up from $26.74 billion in 1Q 2011; net profit was up from $6 billion in 1Q 2011.

Apple set several all-time quarterly sales records in the 1Q 2012:
• 37.04 million iPhones, up 128% in units sold from 1Q 2011
• 15.43 million iPads, up 111% in units sold over 1Q 2011
• 5.2 million Macs, up 26% in units sold over 1Q 2011

As expected, iPod sales continue to decrease as users increasingly switch to iPhones to play media. Apple sold 15.4 million iPods in 1Q 2012, down 21% in units sold from 1Q 2011.

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