Apple Q4 '11 financials - $6.62 billion quarterly profit - Techist - Tech Forum

Go Back   Techist - Tech Forum > Techist Forum Information > News
Closed Thread
Thread Tools Display Modes
Old 10-18-2011, 09:31 PM   #1 (permalink)
Destroyer of headlines
Megatron's Avatar
Join Date: Dec 2010
Location: Headlines
Posts: 629
Default Apple Q4 '11 financials - $6.62 billion quarterly profit

Apple has released its Q4 ‘11 financials and announced $6.62 billion quarterly profits.

Here are the highlights:
  • Revenue of $28.27 billion (compared to $20.34 billion for year-ago quarter - analysts had been expecting $29.7 billion, but my guess is that analysts numbers were based on the expectation of a June release for the iPhone)
  • Profits of $6.62 billion (compared to $4.31 billion for year-ago quarter)
  • Operating margins represent 38% of revenue
  • 17.07 million iPhones sold - 21% up on year-ago quarter - iPhone sales down on the last two quarters, most likely because consumers were waiting for the new release - Apple says this decline was expected
  • 11.12 million iPads sold - 166% up on year-ago quarter - that makes almost 40 million iPads sold since launch
  • 4.89 million Macs sold - 26% up on year-ago quarter - 6x IDC’s most recent forecast of 6% growth for PCs in the quarter
  • 6.62 million iPods sold - 27% decline on year-ago quarter - iPod share of US MP3 players is still over 70% according to NPD
  • iTunes Store generated record results with revenue of $1.5 billion - 16 billion songs and 650 million TV shows downloaded to date

A couple of quotes:

Tim Cook, CEO

“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion. Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”
Peter Oppenheimer, CFO

“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter. Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”
Megatron is offline  
Closed Thread

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Apple App Store Hits 2 Billion Downloads Osiris Phones, Tablets, and other Handheld Devices 0 09-28-2009 05:43 PM
Can i profit? SiZcO System Upgrades 5 11-22-2008 08:44 PM
sell pc's for profit molsen Off Topic Discussion 26 02-10-2006 04:06 PM

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 08:44 AM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.