Apple Reports Best Quarter Ever in Q1 2012: $13.06 Billion Profit on $46.33 Billion

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  • Iwinyourmoney
    SBR Posting Legend
    • 04-18-07
    • 18368

    #1
    Apple Reports Best Quarter Ever in Q1 2012: $13.06 Billion Profit on $46.33 Billion
    Apple today announced financial results for the fourth calendar quarter of 2011 and first fiscal quarter of 2012. For the quarter, Apple posted revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share, compared to revenue of $26.7 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, and international sales accounted for 58 percent of the quarter's revenue. Apple's quarterly profit and revenue were both company records.
    Apple shipped 5.2 million Macintosh computers during the quarter, a unit increase of 26 percent over the year-ago quarter. Quarterly iPhone unit sales reached 37.04 million, up 128 percent from the year-ago quarter, and the company sold 15.4 million iPods during the quarter, representing 21 percent unit decline over the year-ago quarter. Apple also sold 15.43 million iPads during the quarter, up 111 percent over the year-ago quarter. Apple set new company records for iPhone, iPad, and Mac sales during the quarter.
  • Hawkeye2011
    SBR Wise Guy
    • 12-12-11
    • 840

    #2
    Just ridiculous
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    • Iwinyourmoney
      SBR Posting Legend
      • 04-18-07
      • 18368

      #3
      Q: Some perspective on how you're framing your thoughts about dividends and buybacks?
      A: We're examining all possibilities for our cash balance. What we can do from a supply chain or acquisition perspective. I don't have any comment about buybacks or anything. We're actively discussing a cash balance.
      Comment
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