Apple has officially announced its earnings from the final three months of 2011 with the record figures seeing more than 37 million iPhones shifted
Apple has officially announced its financial figures for the final quarter of 2011 with the holiday period seeing the Cupertino based outfit notch up record profits with $46.33 billion (£29.68bn) in revenue, almost double the previous year’s efforts.
The staggering quarter performance saw the iPod and Mac manufacturer record an unparalleled $13.06 billion (£8.37bn) net profit with the record high figures bolstered by the official Apple iPhone 4S release back in early October.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Apple CEO Tim Cook before tantalisingly adding “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion.”
Apple iPhone 4S Sales
Following the device’s long awaited unveiling the hype and expectation around the Apple iPhone 4S release helped the Cupertino based company to shift a staggering 37.04 million iPhone devices during the final three months of 2011 with the iPhone 4S leading the way.
Far from the sole success story, Apple saw strong sales across all of its leading hardware platforms with the earnings call revealing that 15.43 million iPad devices were sold during the festive quarter despite a widely expected iPad 3 release being just a couple of months away.
Whilst 5.2 million Macs were sold during the three month period Apple saw dedicated iPod sales drop 21 per cent year-on-year with 15.4 million devices sold. This figure still sees the iTunes maker account for more than 70 per cent of the entire MP3 player market.
Did you snap up an Apple branded gear in the final three months of 2011? Which set of hugely impressive figures did you add to? Let us know via the comments box below.