Apple Reports Fourth Quarter Results, Reports All-Time Record Mac and iPad Sales
 

Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter.

“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,” said Tim Cook, Apple’s CEO. “Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”

“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”

Apple will provide live streaming of its Q4 2011 financial results conference call beginning at 2:00 p.m. PDT on October 18, 2011 at www.apple.com/quicktime/qtv/earningsq411. This webcast will also be available for replay for approximately two weeks thereafter.

Source: Apple

Amazing. Apple is a rare company that can achieve 40% gross margins. Hats off! And $100 billion turnover is incredible! If the average apple product is $500, that means they are selling 200 million devices per year. It means "everybody" owns an apple product.

There were two schools of MBA business thought:

1./ Make a million $ off each customer (and only have a few customers), or
2./ Make a few $ off each customer (and have millions of customers)

But apple broke the rules:

3./ Make hundreds of $ off hundreds of millions of customers.

10/10

With all the zombies working for them, I am not surprised :)

http://provocativepenguin.com/wp-con...le_zombies.jpg

never underestimate stupid people,they are more and more every day

"Programming today is a race between software engineers striving to build bigger and better idiot-proof programs, and the universe trying to build bigger and better idiots. So far, the universe is winning."

That's just sad:(

They gonna love the iPhone 4s.

















I bet my life on it.

Dang I'm confused now. Are our new supreme overlords Apple or Intel? :o

Join as at #we_care channel...

*yawn*

Intel is only dominant on PC and laptop market. If they don't do something for the mobile, they will face the same doom as other companies that can't evolve.

My vote is for nvidia. With the wireless chip producer they bought, Tegra 3 will be a killer....

wow need help please

they have surpassed intel????? if true at intel work less zombies&idiots?

*cough* With 4.89 million Intel powered Macs sold this year, not to mention their 84.4% (admittedly declining) market share in mobile PC, and 70.9% market share in Desktop PC. sauce

A 93% stranglehold on the server market doesn't hurt either. sauce

Intel may not be making money off smartphones, but they own the mint everywhere else. Even if somehow they don't reverse the trend vs. AMD and gain back all the market share they were losing now due to the Bulldozer fiasco, it's going to be a long, long time before Intel is in danger of going out of business.

Good going Apple! Keep up the good work! As an Apple user from the darker times, news articles like this make me smile. :)

(Gotta try and balance out the haters, although I'm sure that's impossible).