Apple has announced financial results for the first quarter of its 2012 financial year; the 14-week period that ended on 31st December 2011. Quarterly revenue reached a record $46.33 billion (£29.66 billion) with record quarterly net profit of $13.06 billion.
The company sold 37.04 million iPhones in the quarter (up 128% year-on-year) and 15.43 million iPads (up 111% year-on-year), along with 5.2 million Macs (up 26%) and 15.4 million iPods (down 21%). Devices are getting cheaper to produce, too; Apple’s gross margin was 44.7%, compared to 38.5% a year ago.
Tim Cook, Apple’s CEO, said “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.”