Holy mackerel, Apple’s first quarter results are ridiculous— not only did they beat out Google’s quarterly REVENUE, but they set new records for the iPhone, Mac and App store—with iPhone sales increasing 128%.
Their $46.33 billion revenue with a $13.06 billion profit marks the biggest profit quarter in history and is nearly 2x the amount of their previous quarter in 2011—that’s an average of $17.1 million per store!
The only reported “loss” was the decline of iPod Touch sales (but who need an iPod touch when you have an iPhone?).
We’re considering investing in Apple stock ASAP. The after-hours stock report shows the company’s shares rose from $420.50 to about $450 in just one hour—and they are expected to keep rising.
And with the iPad 3 on the way (whenever that may be), these earnings are only expected to increase.
The only other company comparable to Apple’s quarter earnings is Exxon Mobile, who earned $11.7 billion in the second quarter in 2008.
Bravo, Apple.
(via The Verge; photo via Macworld)
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