Apple Posts Record Numbers
Tuesday, January 24th, 2012
Loading ...But Apple is not normal in any meaning of the word and just moments ago announced numbers that are impossible to believe.
This comes right from Barron’s:
- Apple (AAPL) shares this afternoon have been halted ahead of its fiscal Q1 report.
Analysts are modeling $39.14 billion in revenue and $10.16 per share in profit. Apple’s own forecast, offered back on October 18th, had called for $37 billion in revenue and $9.30 per share.
Update: Apple reported revenue in the three months ended in December rose to $46.3 billion, yielding EPS of $13.87 per share.
The company sold 37 million iPhones in the quarter, 15.4 million iPads, 5.2 million Mac computers, and 15.4 million iPods, it said. The Mac and iPod numbers seem to be in line with Street expectations, but those iPhone and iPad numbers are way, way above even the most bullish expectations.
CEO Tim Cook remarked, “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs. Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
For the current quarter, Apple side-stepped its tradition of “conservative” forecasts, projecting revenue of $32.5 billion, and EPS of $8.50 a share, above the Street consensus is $32.07 billion and $8.01 per share.
37 Million iPhones. That is 12.333 million a month; 3 million a week; 440,000 a day; 18,000 per hour; 300 per minute.
15.4 Million iPads. About half the above numbers.
Yes, the world is officially Apple-ized and as you know, so am I and so is tng worldwide. We are not alone.
It’s a good day to be Tim Cook.
Happy Tuesday!
