Last night Wall Street was rocked by Apple’s show-stopping quarterly revenue report. Shares spiked ten per cent in after hours trading while Apple’s results trended on Twitter.
HEADLINE RESULTS
Apple’s quarterly profits, $13 billion, exceeded Google’s entire revenue ($10.6bn).
It is believed Apple’s quarterly revenue ($46bn) is the largest recorded by any company in history.
Apple sold 37 million iPhones in the three months ending December.
Apple sold 15 million iPads in the three months ending December.
Apple now has $97 billion in cash.
OTHER FIGURES
Another 5.2 million Macs were sold in the quarter
Apple sold about 15 million iPod devices, including Touch
iPhone sales are accelerating; up 128% year-on-year
iPad sales are accelerating; up 111% year-on-year