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Apple posts record breaking 1Q revenue

Apple's profits are at an all-time high.
Apple's profits are at an all-time high.
Credits: 
Apple.

Apple is off to a very fast start this year, a record breaking start if you will and if Wednesday goes well, they may very well be setting records all year long.

The company, which is based here in Cupertino, posted their first quarter earnings, earnings which ended December 26th and the results are nothing short of completely mind-bending and astounding. Overall, Apple posted revenue of 15.68 billion dollars and a net profit of $3.38 billion.

Here’s how it broke down:

Apple sold 3.36 million Macintosh® computers during the quarter, representing a 33 percent unit increase over the year-ago quarter. The Company sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter. Apple sold 21 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter.

Impressive, very, very impressive.

It’s interesting to note that 8.6 million of those iPhones were bought here in San Francisco. Just kidding of course.

The supreme ruler of Apple, Steve Jobs went on to say that “if you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company.”

Yeah, real surprising Steve. I do wonder though how much revenue comes from iPhone applications. It has to be a whole lot.

Oh, and that new product that’s debuting?

The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.

Details, Steve, we want details.

So yes, one of the Bay Area’s biggest companies is, if you didn’t know it already, a juggernaut with no signs of slowing down any time soon.

For more info, contact Adam: admillios@gmail.com

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SF Gadgets Examiner

Adam Mills is a freelance writer and a graduate of San Diego State University. He has worked in several tech industries and has written about...

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