Apple Has Another Blowout Quarter with $13B in Profit; Sells 37M iPhones, 15M iPads
January 24, 2012 5:02 PM
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Apple continues to add to its war chest, sells record numbers of iPhones
It's beginning to
become a broken record when reporting on Apple's quarterly earnings
, but the boys from Cupertino have done it again. Apple today announced its earnings for fiscal Q1 2012 and the results are as usual very impressive.
The company reported net profit of $13.06 billion on revenue of $46.33 billion ($13.87 per diluted share). Profit for fiscal Q1 2012 was more than double that of fiscal Q1 2011, while gross margins came in at 44.7 percent compared to 38.5 percent a year ago.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Apple CEO Tim Cook. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
As for product sales numbers, Apple sold 37.04 million iPhones during the quarter (a 128 percent increase) and 15.43 million iPads (a 111 percent increase). The company's Mac sales also saw an increase, but "only" saw a 24 percent increase year-over-year to 5.2 million units.
Apple iPods, however, continue their downward spiral in this age of digital convergence. Sales of the portable music players were down 21 percent to 15.4 million units.
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RE: I'm surprised they are still selling the iPod Classic
1/25/2012 4:22:59 PM
My experience has been the same. About 12-15 hours battery life playing music (I got about 6 hours recording off the FM radio). I've also left my old Clip unused in the drawer for a year after I upgraded. I took it out last month and it was still holding about 60% charge. The battery life absolutely has not been a problem for me. The only times I've run it down was when I forgot to turn it off and it was in repeat mode.
The clip on my original Clip was very sturdy. Then I read somewhere that you could remove it for a slimmer profile. Curiosity got the better of me. It took about 10 min of effort but I finally got the thing off (I had to use a wrench). Ever since then it's felt a little flimsy, and the clip comes off too easily now. I'm not quite sure what lesson to draw from this. If it ain't broke, don't mess with it? I believe the clip on the Clip Zip is permanently attached now.
I also left off the list that the Clip/Clip+ uses a standard mini-USB plug (micro-USB in the Clip Zip) to charge and transfer data. This means I carry a single cable with me on trips for my phone, MP3 player, digital camera memory card reader, and portable external HDD. It also means that I can listen to it while it's charging (though not while it's connected to a computer - that puts it into USB transfer mode). The Shuffle uses a proprietary connector which plugs into the headphone jack.
I'm not so hot on the idea of rating people down because you disagree with their experiences. Everyone's experience is unique, and it is their prerogative (some would say social duty) to share it. I'm not saying the Clip is a better device than the Shuffle for everyone. I'm just saying I found the features and compromises to be a more than acceptable trade-off, and anyone shopping for a jogging/gym MP3 player would be remiss in buying a Shuffle without first looking at the Clip.
RE: I'm surprised they are still selling the iPod Classic
1/25/2012 7:12:36 PM
My experience with Clip plus was also very positive. Indeed its twice cheaper than Shuffle and can do so much more, the microSD slot is priceless on its own, not mentioning other nice features like a screen and mic, etc.
Do not buy overpriced Apple stuff just for the sake of brand, don't be an Apple brand whore like macdevdude, look around and test different products before making final decision!
"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer
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