Electronics

Apple’s Momentum Continues

Reports highest quarterly revenue and earnings in company history

Published

12 years ago

January 26, 2012

VMSD Staff

Apple Inc. (Cupertino, Calif.) reported record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion for its fiscal 2012 first quarter ended December 31, 2011. International sales accounted for 58 percent of the quarter’s revenue.

Sales of iPhones and iPads drove that growth, with iPhone sales representing a 128 percent unit growth over the year-ago quarter, and iPads sales increasing 111 percent.

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

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