Apple posts record Q1 earnings; $13.06 billion in profit

Posted By | On 25th, Jan. 2012 Under News | Follow This Author @KartikMdgl

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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