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Apple Sells Record iPhone, iPad & Mac In 2011 Q1

January 18th, 2011 01:50 admin Leave a comment Go to comments

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Apple has posted record revenue of $26.74 billion and record net quarterly profit of $6 billion, or $6.43 per diluted share for its fiscal 2011 first quarter ended December 25, 2010.

Apple sold an amazing 16.24 million iPhones in the quarter, up 86 percent over the year-ago quarter. Apple also sold 7.33 million iPads during the quarter.

Apple sold 4.13 million Macs during the quarter, up 23 percent unit over the year-ago quarter. Apple also sold 19.45 million iPods during the quarter, representing a 7 percent decline over the year-ago quarter.

Apple’s CEO, Steve Jobs said:

“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales. We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.â€

Wall Street seems to like the results. Apple’s stock is currently trading at $344.82 up approximately $4.17 (~1.22%) in after hours trading.

We can’t wait to find out about the exciting things that Apple is planning to announce this year.

[via Apple]


Source: Apple Sells Record iPhone, iPad & Mac In 2011 Q1

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