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Apple continues to put up impressive numbers

Over the past few months, Apple's stock value has been on a wild rollercoaster ride. AAPL crossed the $500/share threshold in early February, and passed by $600/share in March. The stock peaked at $644/share earlier this month, but has since plummeted back down to around $560/share (at market close today).
During Q1, Apple released its third generation iPad, which once again proved to be a sales blockbuster, breaking previous records set by the iPad 2. The company also released a revamped Apple TV during the quarter, but Apple’s “hobby” doesn’t exactly set enthusiasts’ hearts ablaze.
With that in mind, Apple today released its fiscal Q2 earnings report. The company reported revenue of $39.2 billion versus Wall Street estimates of $36.81 billion. Net profit rang in at $11.6 billion while earnings per share (EPS) came in at $12.10 versus a consensus of $10.04.
When it comes to device sales, the Cupertino, California-based company saw iPhone sales of 35.1 million (88 percent year-over year growth) -- during Q1, AT&T and Verizon alone activated 4.3 million and 3.2 million iPhones respectively. When it comes to the iPad, Apple recorded the sale of 11.8 million units.


Apple’s Mac business saw a seven percent year-over-year increase to 4 million units. On the other hand, Apple’s once red hot iPod business saw a 15 percent year-over-year decline to 7.7 million units.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Apple CEO Tim Cook. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”
AAPL is up over 6 percent in after hours trading to $598.

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Other countries picking up the pace
By tayb on 4/24/2012 5:15:03 PM , Rating: 2
iPhone sales were down hard in the US in Q1 '12 while they were up 88% worldwide. That's huge. I wonder what the distribution looks like? I still can't believe that many iPods are sold each quarter. The only iPod I would consider buying would be the Nano.

RE: Other countries picking up the pace
By zzebi on 4/24/2012 5:30:07 PM , Rating: 2
Down hard in the US?

For your information:
75% or all AT&T smartphones sold last quarter were iPhones. 3 times as many iPhones sold as all Android, RIM and Windows phones combined.
If they really are down as hard as you say, then they must have had 120% share last quarter.

The lower quantity of iPhones sold means just one thing: the iPhone sales moved together with the seasonal trends of the smartphone market. I assume Samsung sales at AT&T were even further "down". Of course nobody cares to publish those numbers.

RE: Other countries picking up the pace
By tayb on 4/24/2012 5:42:43 PM , Rating: 2
And yet on AT&T alone Apple sold about 4 million fewer iPhones in Q1 '12 than they did in Q4 '11.

By Ushio01 on 4/24/2012 5:58:01 PM , Rating: 2
VZW phones Q1 -> Q2 drop was 4.3 to 3.2 million iphones (6.2 million smartphones total)

ATT phones Q1 -> Q2 drop was 7.6 to 4.3 million iphones (5.5 million smartphones total)

Total smart phones sold Q2 = 11.7 million
iphones sold Q2 = 7.5 million
Everyone else = 4.2 million

Yes Apple is in trouble /s

RE: Other countries picking up the pace
By corduroygt on 4/24/2012 5:58:49 PM , Rating: 2
You don't hide your bias well, do you?
7.6M-4.3M is not about 4 million. It's 3.3 million.

Second, no retailer can ever hope to sell more product in Q1 than Q4. Q4 is when 50% of all retail sales in the US happen. Q1 cannot hope to match it, especially AT&T when they stop offering early upgrade deals.

As the results show, Apple is doing very well and they've almost doubled their numbers compared to Q1 of 2011.

By BSMonitor on 4/24/2012 10:03:59 PM , Rating: 2
Lets do some simple common sense analysis.

First. You are comparing the holiday quarter to another. Hmm.

Second. iPhone sales. What happened in Q4 that would make iPhone sales surge above normal trend(besides that pesky holiday)... IDK the first iPhone release in over a year that everyone knew was coming. In case you need a refresher, iPhone sales lagged in the summer quarter leading up to launch as well.

Third. Guess what. Sales will lag again at the end of this quarter and surge in the summer 2012 quarter. Why? You guessed it. A new iPhone.

Please...... with the melodramatic crap. Don't throw numbers around without having any facts to back it up.

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