The New Stuff

Steve Jobs

Apple Q4 2011 Results: $28.27 Billion Revenue, 17.1 Million iPhones, 11.1 Million iPads


Apple yesterday announced the Q4 (fourth quarter) of 2011 earnings. Apple’s revenue amounted to $28.27 billion and net profit of $6.62 billion. Apple also announced that it sold 4.89 million Macs, 17.07 million iPhones, 11.12 million iPads in Q4

Apple’s Q3 results were: 20.34m iPhones, 9.25m iPads, and 3.95m Macs. Disappointing.

Here’s the full press release:

All-Time Record Mac and iPad Sales

Highest September Quarter Revenue and Earnings Ever

CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

“Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”

The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter.

“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,” said Tim Cook, Apple’s CEO. “Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”

“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”

Apple will provide live streaming of its Q4 2011 financial results conference call beginning at 2:00 p.m. PDT on October 18, 2011 at www.apple.com/quicktime/qtv/earningsq411. This webcast will also be available for replay for approximately two weeks thereafter.

Comments

comments

Recently Published

article image
»

VTC: AJAX

VTC: AJAX 168 Mb Title: Ajax Author: Steve Holzner SKU: 33713 ISBN: ...

article image
»

Linkin Park – Minutes to Midnight

Linkin Park – Minutes to Midnight ——-[Track ...

article image
»

VLC (VideoLAN) ‘The luggage’ for Windows 1.1.0 RC3

VLC (VideoLAN) is a multi-platform multimedia player. It can read ...

iPhoness
»

AT&T And Sprint Report iPhone 4S Sales Success

Everyone know that yesterday iPhone 4S began selling in seven ...

article image
»

Linkin Park – Minutes to Midnight

Linkin Park – Minutes to Midnight ——-[Track ...

photo_1313974112182-1-0
»

Skype buys messaging startup GroupMe

Skype, the Internet communications group set to be acquired by ...

article image
»

Neal Goldstein, “iPhone Application Development For Dummies, Second Edition”

Neal Goldstein, “iPhone Application Development For Dummies, ...

whatsapp
»

Whatsapp 2.10.1 features and is lifetime free of charge to iPhone users

Today popular messaging service released new version of whatsapp ...

article image
»

Skype Blocks, Threatens To Sue Fring (Update: Skype Says Fring Is Lying)

Late last week, mobile communication services provider fring ...

Get Adobe Flash player