Apple posts record Mac, iPhone and iPad sales for its fiscal 2011 first quarter ended December 25th, 2010.
The Company posted record revenue of $26.74 billion and record net quarterly profit of $6 billion, or $6.43 per diluted share. These results compare to revenue of $15.68 billion and net quarterly profit of $3.38 billion, or $3.67 per diluted share, in the year-ago quarter. Gross margin was 38.5 percent compared to 40.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.
Apple sold 4.13 million Macs during the quarter, a 23 percent unit increase over the year-ago quarter. The Company sold 16.24 million iPhones in the quarter, representing 86 percent unit growth over the year-ago quarter. Apple sold 19.45 million iPods during the quarter, representing a seven percent unit decline from the year-ago quarter. The Company also sold 7.33 million iPads during the quarter.
iPad sales makes up the decline in iPod sales and then some. iPod sales down around 1.5 million units.
In related news, Apple stock dropped during Tuesday morning pre-trading period then bounced back before the Earnings Call. The drop was attributed to Apple CEO Steve Jobs Medical Leave of Absence news.