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Apple announces their first quarter results
Apple has announced their first quarter financial results, allowing us to look into how many iPhone’s and iPad’s they sold throughout the period.
Apple sold 47.8 million iPhones in the quarter, which is up from 37 million in the year-ago quarter. Apple’s iPad sales were also up from the same quarter a year ago. Apple sold 22.9 million iPads in the quarter, which Apple says is a record for a quarter. A year ago they sold 15.4 million iPads in the same quarter a year ago.
Two products were down in sales, compared to the same quarter a year ago. Apple sold 4.1 million Macs in the quarter, but they sold 5.2 million in the year-ago quarter. Apple also sold 12.7 million iPods in this quarter, down from the 15.4 million in the same quarter a year ago.
“We’re pleased to have generated over $23 billion in cash flow from operations during the quarter,” said Peter Oppenheimer, Apple’s CFO. “We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple’s highest quarterly revenue ever.”
“We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”
Apple got a net profit of $13.1 billion in the quarter, from revenue of $54.5 billion. International sales accounted for 61 percent of the quarter’s revenue.
“[The] average weekly revenue was $4.2 billion in the quarter compared to $3.3 billion in the year-ago quarter,” Apple announced in their press release.