Wednesday, January 23rd 2013

Apple Reports Record Results for Q1 FY2013

Apple today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. International sales accounted for 61 percent of the quarter's revenue.

Average weekly revenue was $4.2 billion in the quarter compared to $3.3 billion in the year-ago quarter.

The Company sold a record 47.8 million iPhones in the quarter, compared to 37 million in the year-ago quarter. Apple also sold a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. The Company sold 4.1 million Macs, compared to 5.2 million in the year-ago quarter. Apple sold 12.7 million iPods in the quarter, compared to 15.4 million in the year-ago quarter.

Apple's Board of Directors has declared a cash dividend of $2.65 per share of the Company's common stock. The dividend is payable on February 14, 2013, to shareholders of record as of the close of business on February 11, 2013.

"We're thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter," said Tim Cook, Apple's CEO. "We're very confident in our product pipeline as we continue to focus on innovation and making the best products in the world."

"We're pleased to have generated over $23 billion in cash flow from operations during the quarter," said Peter Oppenheimer, Apple's CFO. "We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple's highest quarterly revenue ever."

Apple is providing the following guidance for its fiscal 2013 second quarter:

• revenue between $41 billion and $43 billion
• gross margin between 37.5 percent and 38.5 percent
• operating expenses between $3.8 billion and $3.9 billion
• other income/(expense) of $350 million
• tax rate of 26%
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29 Comments on Apple Reports Record Results for Q1 FY2013

#2
aayman_farzand
Doesn't take off anything, I've yet to see them make any realistic expectations, so obviously that will always be missed.
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#3
TheGuruStud
Samsung is sending them to the depths of "only losers have iphones" (the opposite of what hipsters say now). It's just a matter of time.

And the same people that had to have one to look cool will be saying it LOL. Stupid sheep.
Posted on Reply
#4
Jorge
There is a sucker born every second...well many suckers actually.
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#5
Crap Daddy
Record results? Shares fell 10%. That's 50 billion.
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#6
TheGuruStud
Crap DaddyRecord results? Shares fell 10%. That's 50 billion.
Future projections are leaking into the present, I think.
Posted on Reply
#7
Cortex
There is another reason for high profits.

It's failure of all PC/Notebook companies to deliver real good quality hardware. Most important, notebooks.

An average PC notebook has 1366*768 ~200nits, ~300:1 (there are worse ones, as well, another lenovo, T430s or T430u scores less than 150:1) contrast, mediocre color gamut, TN panel, and lame ~40 Wh battery.

Apple has great notebooks (with good IPS displays) that cost (too) much, but people are buying it because there is no alternative in most cases (Alienware sucks too).

Apple was first too introduce high dpi displays, notebooks without HDD or optical drive (okay, they have bad upgrade or customization options). They're laptops have consistently good battery's (and that can't be said for Sony or Alienware, probably not for Toshiba).

Sorry for spamming the thread, and sorry for bad Engrish. :). And yes, I don't like Apple as well, mostly because of dull design.
Posted on Reply
#8
TheGuruStud
CortexThere is another reason for high profits.

It's failure of all PC/Notebook companies to deliver real good quality hardware. Most important, notebooks.

An average PC notebook has 1366*768 ~200nits, ~300:1 (there are worse ones, as well, another lenovo, T430s or T430u scores less than 150:1) contrast, mediocre color gamut, TN panel, and lame ~40 Wh battery.

Apple has great notebooks (with good IPS displays) that cost (too) much, but people are buying it because there is no alternative in most cases (Alienware sucks too).

Apple was first too introduce high dpi displays, notebooks without HDD or optical drive (okay, they have bad upgrade or customization options). They're laptops have consistently good battery's (and that can't be said for Sony or Alienware, probably not for Toshiba).

Sorry for spamming the thread, and sorry for bad Engrish. :). And yes, I don't like Apple as well, mostly because of dull design.
You can buy laptops in a similar price range as apple's and the hardware is 4 times what you'd get in the macbook. But people don't know the difference and/or want to use that horribly skinned OS (windows sucks, but GD, osx is unusable for more than email).
Posted on Reply
#9
Easy Rhino
Linux Advocate
Apple continues to lead the way. You don't survive and thrive this long like Apple has by simply being good at marketing your products. Apple = superior design, superior OS, and superior hardware.
Posted on Reply
#10
Kantastic
TheGuruStudYou can buy laptops in a similar price range as apple's and the hardware is 4 times what you'd get in the macbook. But people don't know the difference and/or want to use that horribly skinned OS (windows sucks, but GD, osx is unusable for more than email).
Lol, mind showing me what $1100 laptop compares to my 2012 Macbook Air? And I don't mean hardware, because I can find a Lenovo U310 with very similar hardware for half the price, I mean the whole package, including screen quality, trackpad accuracy, keyboard comfort, thermodynamics, battery life, form factor, and 1-year customer and technical support in any Apple store throughout the US48?
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#11
Easy Rhino
Linux Advocate
KantasticLol, mind showing me what $1100 laptop compares to my 2012 Macbook Air? And I don't mean hardware, because I can find a Lenovo U310 with very similar hardware for half the price, I mean the whole package, including screen quality, trackpad accuracy, keyboard comfort, thermodynamics, battery life, form factor, and 1-year customer and technical support in any Apple store throughout the US48?
remember, this is TPU. we only care about GHZ!!!!!!!!!!!!!!!1111111!!!!1111111
Posted on Reply
#12
Melvis
Easy RhinoApple continues to lead the way. You don't survive and thrive this long like Apple has by simply being good at marketing your products. Apple = superior design, superior OS, and superior hardware.
How much are they paying you again?
Posted on Reply
#13
Easy Rhino
Linux Advocate
MelvisHow much are they paying you again?
10 cents per post. i have to compete with Chinese labor.
Posted on Reply
#14
Bjorn_Of_Iceland
TheGuruStudSamsung is sending them to the depths of "only losers have iphones" (the opposite of what hipsters say now).
iProducts have become so mainstream, that going RIM or Win mobile has become the in thing
Posted on Reply
#15
aayman_farzand
Say one thing positive about Apple, 10 more come in hating. Who really is the sheep here lol.

If you can't use OSX for anything more than email then it's high time you get into some training courses, better if you can check out some Youtube videos but you might not know how :P
Posted on Reply
#16
TheGuruStud
KantasticLol, mind showing me what $1100 laptop compares to my 2012 Macbook Air? And I don't mean hardware, because I can find a Lenovo U310 with very similar hardware for half the price, I mean the whole package, including screen quality, trackpad accuracy, keyboard comfort, thermodynamics, battery life, form factor, and 1-year customer and technical support in any Apple store throughout the US48?
Trackpad and keyboard LMAO, have you even used a macbook? :roll:
Thermals...you mean like the same b/c the hardware is similar? Batt life..the same b/c it has a 4 cell, too? Same screens, same dimensions...

You got me on support from those geniuses lulz, but I can buy two pretty decent "ultrabooks" for the same price, so that's worth more than "support" and you're assuming that everyone lives near a store. I can just swap drives and be on my merry way if it failed (and don't worry, macbooks are just good quality with crashing wireless and nonworking ethernet ports haha).

And I'd still be running OSX if I wished.
Easy Rhinoremember, this is TPU. we only care about GHZ!!!!!!!!!!!!!!!1111111!!!!1111111
I care about not getting bent over. I don't give money away for free.
Posted on Reply
#17
Kantastic
Before I begin, I just want to commend TheGuruStud on somehow flawlessly replying to absolutely nothing in my post despite having quoted me. :toast:
TheGuruStudTrackpad and keyboard LMAO, have you even used a macbook? :roll:
I'm typing from a 2012 Macbook Air. Keyboard flex is nonexistent, and the travel distance is unrivaled on a product given the form factor. Trackpad multigestures are deadly accurate. I wish I could say the same for the Asus Zenbook Prime or the Lenovo X1 Carbon, but I can't and neither can you unless you're delusional. Sure, you can get a great trackpad (limited to comparison via just two finger scrolling because Windows is shit when it comes to multifinger gestures) or a great keyboard, but in my many months of searching, I've yet to find an Ultrabook that uncompromisingly satisfies both requirements. Am I over-exaggerating the significance of the two most basic yet also highly imperative ways of communicating with any computer? Nope.
TheGuruStudThermals...you mean like the same b/c the hardware is similar? Batt life..the same b/c it has a 4 cell, too? Same screens, same dimensions...
Thermals meaning the fan is inaudible and the laptop never feels more than warm. I can't say the same for the Lenovo U310, HP Envy 14, and Lenovo ThinkPad X230, all of which I've personally owned and used. The reason I sold my Lenovo X230 was because the trackpad was absolute shit (and I only got 5 hours of use despite having a 6-cell battery). I returned my Lenovo U310 to Staples because the fan never shut off. My good friend has a U410 and suffers the same issue. The HP Envy was just a piece of shit, I should have known better than to buy a laptop from a company whose products are most prone to breaking down after 3 years of ownership.

I'm assuming you aren't one of the sheep that believes in what the technical specifications on the box says, because the only company that advertises what they sell is Apple. When they say 7 hours of battery life, they mean 7 hours and often more because I often get over 8 hours of constant use when I'm doing papers in the college library. Didn't happen with the Windows machines I've owned, and it doesn't happen when I have Windows running on my Macbook Air via BootCamp. This leads me to another point: the operating system matters when it comes to battery life, and Apple milks a 4-cell battery better than most Windows Ultrabooks.
TheGuruStudYou got me on support from those geniuses lulz, but I can buy two pretty decent "ultrabooks" for the same price, so that's worth more than "support" and you're assuming that everyone lives near a store. I can just swap drives and be on my merry way if it failed (and don't worry, macbooks are just good quality with crashing wireless and nonworking ethernet ports haha).
Wait so I'm asking you to find me a laptop you claimed you knew of that offers similar quality of support (and everything else I mentioned in my previous post), and your response is that you can get two "pretty decent" (subjective) Ultrabooks for the "same price" (falsifiable), of which the value is "worth more than [the] "support"" (irrelevant) from Apple? :wtf:
Posted on Reply
#18
KissSh0t
Hi I'm Apple and look how big my penis is.. ohh wait.. wait... it's shrinking.. hang on.. I need to take this pill first..
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#19
acerace
Feels great huh, defending our preferable brand of choice. I can buy a PC and a car instead of buying Newton's products.
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#20
PLAfiller
Well, Apple has its advantages. Not my cup of tea, but it doesn't mean its bad. The way I see it: 1. the OS is much cheeper than Windows for initial purchase, 2. chiclet keyboard- not for my fingers, but plenty of people it suits, 3. hardly any viruses- hence little cost for antivirus etc. and so on. I've always thought Apple was for people who are making money out if their laptop, writing, publishing non-stop. Would I buy one>? - No, I am a tech enthusiast, not a fashion show fan ;)
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#21
phanbuey
I agree with kantastic -i used to bash the **** out of apple products until I actually used one and was like "damn... this thing is built like a tank." "I can run HOW MANY OS'es at the same time? Wait I can run windows XP, 7, 8, and Linux on 4 different virtual screens and test all of my code at once?" Hmmm... damn nice. Oh and I don't have to putz around with backups? It does a day by day file versioning backup for as many days as I have space for?


The price on a 11-1400 macbook air is on par with the rest of the industry and they are built much better... the only contender are the ASUS ultrabooks that cost just as much.

It's not perfect, but that is a pretty sweet deal

Alot of hardcore PC guys hate apple because it's just fashionable to do so in our circles... Especially gamers who think that all pcs are toys and ultrabooks are only for queers in a starbucks.
Posted on Reply
#22
Easy Rhino
Linux Advocate
phanbueyI agree with kantastic -i used to bash the **** out of apple products until I actually used one and was like "damn... this thing is built like a tank."
i am glad people are coming around. a lot of people see the price and immediately get defensive. sure, it may be 300-400 more but if you value build quality (and people at tpu do value build quality, just look at their rigs) then it is worth the extra coin. apple products, especially their laptops are not for everyone because of their price and that is fine. i just think everything else is inferior.
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#23
Athlon2K15
HyperVtX™
phanbueyEspecially gamers who think that all pcs are toys and ultrabooks are only for queers in a starbucks.
Wait....are you saying it isnt true? :laugh:
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#24
Crap Daddy
Macbooks are marginal in what Apple is today. iPhone and iPad made the company this larger than life value and image. This can't last forever. The Street values more than numbers the innovation at Apple, the wow factor for a new gadget. Apple seems to be unable to fulfill this expectation that's why it's going down on the stock exchange. Personally I don't care, apart from an iPod which broke just after a year I never owned any Apple stuff and don't intend to. It's really what you're used to use, Windows and Android for me with the appropriate hardware.
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#25
brandonwh64
Addicted to Bacon and StarCrunches!!!
Its all about what you usta using. If you had windows all your PC life then you will most likely hate Apple. If you have had linux stints and owned a apple product that worked great then you will most likely defend apple.

IMO I do not like apple for the fact of the image the company has on products. They seem arrogant and there farts smell like rich mahogany.
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