Apple posts record Q1 earnings; $13.06 billion in profit
Apple has outperformed their own expectations and broke the record for a consumer electronics company when it comes to revenue and profit.
They posted $46 billion in revenue and $13.06 billion in profit, which is twice than what they did same quarter last year.
These are their shipment numbers:
- 15.4 million iPads
- 15.4 million iPods
- 5.2 million Macs
- 37 million iPhones
Now, these are insane shipment numbers and the next quarter should be interesting. Samsung shipped 35 million phones, which is quite good as well.
And oh, they have $97 billion in cash at hand and are worth more than Greece.
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