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APPLE SAID TODAY that record sales of iPhones drove revenues to new heights in the past quarter, resulting in a profit of $13.1 billion.
The California tech giant said it had record quarterly revenues of $57.6 billion, helped by selling 51 million iPhones.
But Apple shares fell 5.7 percent at $519.15 in after-hours trade on a weaker-than-expected outlook ahead.
The company said it sold 26 million iPads during the quarter to December 28, also an all-time quarterly record, as well as 4.8 million Macs.
“Really happy”
Tim Cook, Apple chief executive said:
We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, software and services. We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better.
While Apple remains the most valuable and among the most profitable companies, some analysts are concerned it is losing its edge and failing to keep up with rivals in the smartphone and tablet markets.
“Some of the shipments may be records, but Apple shares are taking it on the chin here. Sometimes great is not great enough,” said Jon Ogg at 24/7 Wall Street.
The profit of $13.1 billion was unchanged from a year earlier and amounted to $14.50 a share, better than analyst forecasts.
But Apple’s outlook for the current quarter, its second fiscal quarter, were below forecasts at between $42 billion and $44 billion in revenue.
Apple has been facing pressure from billionaire Carl Icahn, which wants the company to boost the size of its share buyback to deliver more cash to shareholders.
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A million apples a week keep the profits at peak.
They sold 51 million iPhones in three months. Add in all the versions of iPads and Macs etc and it’s close to a million apples PER DAY.
I just don’t get the fascination with iphones. They frustrate the hell out of me. Always go mad when I try and use the wifes. Have the galaxy s3 and love it. Android all the way.
“How do you know someone has an Android phone? They tell you.”
On every single article about Apple. Every. Damn. One.
I’d love to say “and vice versa”, but it’s not accurate. People, get over yourselves. You don’t get paid to shill the product of your choice, you pay to buy it.
**insert generic anti-apple comment here**
How do you know someone has an iPhone? They tell you.
I have an iphone and i didnt tell you!! Ohhh wait, i just did, oops
It’s always nice to get a pat on the head from your master.
These devices are beautiful but a phone for €700… are people mad?
I love oranges.
“There’s an app for that”
I prefer Android but I dont judge if you prefer Apple……..
P.s – you’re a dope if you like Apple :)
An iPhone is more important than a child
Astonishing how many are sold, they really are the emperors new clothes.
The battery on the iphone is a joke I’m switching over to the dark side of samsung after stupid contract is up or even the old brick Nokia !
Hate to disillusion you Andrea but the battery life on my SGNote 2 is rubbish since the last upgrade but one. Am seriously thinking of changing to another Android make phone next upgrade.
Think Nokia bat is best of all samsung just as bad .
I have iPhone 5s bought in Saigon, Vietnam last September, saving around €120 & it works here perfectly when I return. Very happy with my toy!
is it the genuine product?
Peter, yes very genuine & it’s impossible to fake the world’s number one mobile like iPhone.
Said with a suitably straight face, thosj!
WHO CARES?
Was anyone else confused by the title of the article so much that they thought it only took sellin just the 5 iPhones in the pic?… Anyone?… No just me so. I’ll get my coat.
There actually Ipods :)
I’ve the 5 an it’s a Load of Wane Rooney
Baaaaaaaaaaaaaaaaa
HTC one, best phone on the market. IPhones are for faked tanned, yank sap birds
I just think they are overpriced for what they are. You have to use itunes and other such apple things. Screens are too small. At the end of the day it makes calls and texts like any other phone.
It ends up being an expensive internet machine.
I don’t mind saying I have a S3 it’s grand. Mostly got it for the battery life. But I could easily get a HTC or Sony Xperia or whatever.
Apple products are nice… but too expensive for what they are… an internet machine.
Rather get something of equal ability for a lesser price.
That’s a lot of apple tarts
13 billion profit and the state of Texas is paying to build heir new factory, corporate welfare all the way
Love this company got my first ever million bucks from these great people at apple, love this company to bits :)
Absolutely hate my iPhone and and counting down to Feb 6th when I can go back to Android…
I have an Apple I phone. It’s great, but, the life in the battery is dreadful. Any tips on how to prolong the charge in the battery?
Turn the brightness down and close all apps when not in use, this will prolong battery life, also turn off bluetooth and wi fi etc if not in use
And if you’re not using it then turn of cellular data as well, it drains the battery more than anything else!
have your say