Apple just released preliminary financial results for the first fiscal quarter of 2012, which ended on December 31, 2011 and lasted 14 weeks. In the quarter, Apple reported a record-breaking $46.33 billion revenue and a record-breaking $13.06 billion net profit. Gross margin for the holiday quarter was at 44.7%, up from 38.5% in the year-ago quarter.
Apple announced that it sold 37.04 million iPhones in quarter one, a 128% increase in unit growth year-over-year. The company sold 15.43 million iPads, a 111% increase in unit growth year-over-year. 5.2 million Macs were sold in the time period, while the iPod continued its graduated decline with 15.4 million units sold.
According to the press release, Apple expects second fiscal quarter revenue to be around $32.5 billion.
The company will be live streaming its financial results call beginning at 5:00 PM Eastern time later today.
UPDATE: Apple's stock (trading under the symbol "AAPL") is up nearly 8% in after-hours trading at this time. The company's stock, however, was down on the day by 1.64%.
[...] which had held the spot for quite some time. This all comes just a little over a month after Apple announced record-breaking holiday quarter financial [...]
[...] which had held the spot for quite some time. This all comes just a little over a month after Apple announced record-breaking holiday quarter financial [...]