We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Apple reports record revenue, profit for fiscal first quarter

Record-breaking iPhone, iPad, and Mac sales rang in a stellar start to the 2012 fiscal year for Apple. The company said on Tuesday that it tallied $46.33 billion in sales and $13.06 billion in profit for the fiscal first quarter ended Dec. 31.

Both the revenue and profit figures were quarterly records for Apple and blew away the numbers recorded in the year-ago quarter. Sales rose 73 percent from last year’s figure of $26.74 billion; profits more than doubled from the $6 billion earned in the fiscal first quarter of 2011.

Apple earned $13.87 per share for the just-completed quarter, up 116 percent from last year. That handily beat consensus analyst estimates of $10.08 per share. Analysts were expecting Apple’s sales to come in at $38.85 billion.

We’ll have more details on Apple’s quarterly performance shortly. You can follow our live blog of Apple’s 2 p.m. PT conference call with analysts.


IDG UK Sites

Best Black Friday 2014 tech deals UK: Latest bargains on phones, tablets, laptops and more this...

IDG UK Sites

Tech trends 2015: 3D printing grows up

IDG UK Sites

25 iOS apps turn (Red) for World AIDS Day campaign

IDG UK Sites

Black Friday 2014 UK: Apple deals, Amazon deals & other Black Friday tech offers