Apple's quarterly earnings
Expectations for Apple's quarterly earnings have increased as the iPhone and iPad claim increasingly more marketshare. This major growth culminated in a Q1 2012 earnings of $13.06 billion — more than 50 percent larger than the company's previous earnings record from Q3 2011. Apple again had a record quarter the following year, during Q1 2013, for which it reported an earnings of $13.1 billion. We've rounded up each quarter's numbers to see how the company has faired.
Apple posts record earnings for Q1 2013: $13.1b profit on $54.5b revenue, record 47.8m iPhones sold
Apple just announced its Q1 2013 earnings, and the company posted a record $13.1b profit on a record $54.5b in revenue. That's just over last year's record of $13.06b profit on $46.33b in revenue at this time last year, and well over the $8.2b profit on $36 billion in revenue in the last quarter.
Importantly, iPhone sales were a record 47.8m compared to 37.04m iPhones a year ago and 26.9m iPhones last quarter, and iPad sales also set a record at 22.9m sold, compared to 15.43m last year and...
Apple posts record $8.2b profit on $36b in revenue for Q4 2012, still misses Wall Street expectations
Apple's just released its Q4 2012 earnings report, posting an $8.2b profit on $36 billion in revenue, breaking its record Q4 2011 of $6.62b profit on $28.27b in revenue. The gains were almost entirely driven by a 58 percent increase in iPhone sales with 26.9m units sold, up from 17m last year, and a 26 percent increase in iPad sales with 14m sold, up from 11m last year. Of particular note, the iPhone 5 isn't a huge part of these numbers — it was only on sale for nine days in Q4. Later,...
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Apple posts rare earnings miss on weaker than expected iPhone sales
Apple's profits rarely disappoint, but nobody can beat the Street forever. Apple reported quarterly earnings of $9.32 per share ($8.8 billion total) on $35 billion in revenue. It's a $1.5 billion gain over last year's profit in the same quarter, but missed analyst estimates of $10.37 earnings per share.
"We're thrilled with record sales of 17 million iPads in the June quarter," said Tim Cook, Apple’s CEO. "We've also just updated the entire MacBook line, will release Mountain Lion tomorrow...
Apple sells 35 million iPhones, posts $11.6 billion profit in record Q2
Apple just announced its Q2 2012 results with $11.6 billion in profit from $39.2 billion revenue — a huge increase from the $5.99 billion profit and $24.67 billion revenue reported in Q1 2011. It didn't quite hit the same level as Apple's record-breaking previous quarter, but that had the added benefit of a gift-giving holiday season. As usual, this is a record quarter for the company. Cue the surprise.
35.1 million iPhones were sold in this quarter alone — an 88 percent increase over...
Apple reports massive Q1 2012 results with $13.06b profit, iPhone sales up 128 percent
Apple just announced its Q1 2012 results, and the company booked a $13.06 billion profit on $46.33 billion in revenue, marking the biggest quarter in company history — well over 50 percent larger than its previous record in Q3 2011. Apple sold a remarkable 37.04 million iPhones, 15.43 million iPads and 5.3 million Macs during the quarter, which represent increases of 128 percent, 111 percent, and 26 percent from last year. That's two million more smartphones sold than Samsung shipped last...
Apple posts record Q4 2011 earnings: $6.62b profit on$28.27b revenue, 11.1m iPads and 17m iPhones sold (liveblog)
Apple just announced its Q4 2011 numbers, and as usual the company has had a record quarter: $6.62b in profit on $28.27b in revenue, with 11.1m iPads and 17m iPhones sold. That's a 21 percent increase in iPhone sales and a 166 percent increase in iPad sales from a year ago—a new quarterly sales record for the tablet. Apple also sold a record number of Macs, with sales up 26 percent to 4.89m, while the iPod line continues to decline with sales down 27 percent to 6.67m units. Apple's earnings...
Apple announces Q3 2011 earnings: $7.31b profit on $28.57b revenue, iPhone, iPad sales way up (update: audio!)
CEO succession controversy or not, Apple just announced its Q3 2011 results, and they're as solid as expected: Cupertino posted yet another record quarter, with a 125 percent jump in profits to $7.31b on an 82 percent increase in revenue to $28.57b. iPhone sales were up 142 percent over last year with 20.34m sold, and the iPad 2 was a rousing success as well, with sales up 183 percent to 9.25m sold. (That's double the iPads sold last quarter, for comparison.) Apple also sold 3.95m Macs, up 14...
Apple's Q2 2011 financial results: the breakdown
Apple announced its Q2 2011 results today, and yes -- it's been another record quarter in Cupertino, with profits of $5.99 billion on $24.67 billion in revenue. That's up almost double last year's $3.07b profits on $13.50b in revenue. Profit margins held steady at 41.4 percent, so it seems the big numbers mostly to do with increased sales. And what an increase: Apple sold 3.76 million Macs, which is a 28 percent increase and quarterly record 18.65 million iPhones, which is a 113 percent...
