Apple Reports Fiscal Year 2013 First Quarter Results

From Apple PR:

47.8 Million iPhones Sold; 22.9 Million iPads Sold

CUPERTINO, California—January 23, 2013—Apple® today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. International sales accounted for 61 percent of the quarter’s revenue.

Note that Fiscal Year 2013 First Quarter is a 13-week quarter compared to 14-week quarter of Fiscal Year 2012 First Quarter.

The Company sold a record 47.8 million iPhones in the quarter, compared to 37 million in the year-ago quarter. Apple also sold a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. The Company sold 4.1 million Macs, compared to 5.2 million in the year-ago quarter. Apple sold 12.7 million iPods in the quarter, compared to 15.4 million in the year-ago quarter.

Apple was expected to sell less Macs because new iMacs were missing in action for the first 2 months of the quarter.In addition to that supplies of new iMacs were constrained. As of January 23, 2013 iMac ship times is at 2-3 weeks, indicating either increasing demand or supply constraints; or both. Sales of iPods follow the downward trend as sales of iPads increase.

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