Apple Reveals Its Q1 Results In Earnings Call

Apple today has announced its Q1 earnings for the fiscal year 2012 – and the results are certainly not to be sniffed at. Q1 has been Apple’s best quarter ever with a reported $46.33 billion in revenue posted. The data, which is available for download from Apple’s corporate website, breaks down this pretty much incomprehensible sum into individual sources.

Apple Results

Apple's Q1 results as posted on their corporate website

It’ll come as no surprise to most people that the iPhone and related products generated over half (around 53%) of this revenue, with the iPad and related products coming a mere second, generating exactly 20% of Q1 revenue. Apple’s range of Mac computers (including the MacBook Air, Pro and iMac) generated around 14% of net revenue, a surprisingly low percentage for a company that started life producing computers.

Around 37 million iPhones, 15 million iPads and 5.2 million Mac computers were sold in the first quarter which, along with other Apple products, raked in a neat $13.7 billion in profit earnings for the Cupertino-based technology company. Peter Oppenheimer, Apple’s CFO (chief financial officer) also wowed consumers and investors alike with some pretty hair-raising facts such as:

  • Over 140 million items were downloaded on December 25th alone, an all-time record.
  • The iPhone 4S is now available in 90 countries – Apple’s fastest rollout ever.
  • Half of all the Mac computers sold are to first-time users.
  • The company has over $100 billion in cash reserves alone.

The results certainly impressed investors – Apple’s share price rose to an all-time high of $454.50 per share after the announcement was made. With impressive financial results and the chatter of an iPhone 5 and iPad 3 gracing Internet forums and Twitter feeds alike, it seems like 2012 is going to be a pretty good year for Apple, a far cry from the predictions the world economy faces.


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