Marcus Evans Group | Worldwide Headquarters | American Offices | Latin America | European Offices | African / Asian Offices

Apple makes $13bn profit in three months

First quarter since death of Steve Jobs sees record revenue with 37m iPhones sold

Apple reported record revenue in its first quarter since the death of Steve Jobs, as iPhone sales continued to soar.

For the three months to December 31, Apple reported net income of .06bn compared to net income of bn for the same period the previous year.

The company sold 37.04m iPhones in the quarter, a 128% rise on the same period a year ago. It sold 15.43m iPads during the quarter, a 111% unit increase, and 5.2m Macs, a 26% unit increase over last time.

Sales of iPods fell 21% year on year, Apple sold 15.4m in the last quarter of the year.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s chief executive officer. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Revenue jumped 73% to .3bn, exceeding analysts’ forecasts. For the current quarter, Apple projected revenue of .5bn with earnings per share of .50, adding that the quarter includes 13 weeks. Analysts consensus forecasts had been for revenue of bn with earnings per share of .02. © 2012 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds