Apple reports record $13.06 billion profit

Apple on Tuesday reported a record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion.

According to its earnings report, Apple sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. The company sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter, and 5.2 million Macs, a 26 percent unit increase over the year-ago quarter.

Apple also sold 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.

International sales accounted for 58 percent of the quarter’s revenue, according to Apple.

Apple CFO Peter Oppenheimer said he expects revenue of about $32.5 billion and diluted earnings per share of about $8.50 for the next quarter.



10 thoughts on “Apple reports record $13.06 billion profit”

  1. I can’t say I was following Apple very closely when the stock was hilariously low.  But I have recurring nightmares about the fact that I didn’t gobble up every share I could lay my hands on in 2008 when the stock dipped back down to $67.  I told everyone I knew that the drop was artificial and it was going to bounce back in short order.  Unfortunately my wife and I had just done a major renovation to our house and I was in no shape to drop a dime!

    I hate myself!

  2. MacAddict was a great source of borscht-belt jokes and middle-school metaphors. I wouldn’t have taken stock market advice from them, either.

  3. But they were correct, and while I looked at my finances at the time I never followed thru. Even a token purchase of shares would have yielded a fantastic return (they were at 24 dollars for almost all of 1996). I was just never one to take a chance on the market except by proxy, as thru mutuals and other investments. Buying direct seemd fraught with peril. Now I wouldn’t dream of shelling out 440+ a share.

  4. It took me a little over three years of the iPod’s runaway success to get it through my pea brain that buying shares might be a good idea. I’d never given the idea much thought before that.

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