MacNN | Apple posts $54.51 billion in first-quarter revenue
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Apple posts $54.51 billion in first-quarter revenue
Wednesday, January 23, 2013 @ 4:41pm

Apple is reporting $54.5 billion in revenue and $13.1 billion in net profit for its fiscal first quarter, which ended in December. The company pulled in $13.81 in earnings per share, and sold 47.8 million iPhones, plus 22.9 million iPads, 4.1 million Macs, and 12.7 million iPods. Gross margin was valued at 38.6 percent. Looking ahead to the second quarter, Apple is guiding revenue expectations to between $41 billion and $43 billion, and gross margin to between 37.5 and 38.5 percent.



The figures have already met with mixed reactions from investors, owing to declines in some figures. EPS is down from $13.87 in Q1 2012, although net profit has remained the same. Similarly, gross margin has shrunk from 44.7 percent, and both Mac and iPod sales are down, sliding from 5.2 million and 15.4 million respectively. At the same time, however, iPhones are up from 37 million, and iPad sales have grown from 15.4 million. The company moreover notes that weekly revenue has risen from $3.3 billion to $4.2, and that it generated $23 billion in cash flow. International sales (outside the US) represented 61 percent of revenue. Apple is reminding investors that a $2.65-per-share cash dividend is coming on February 14th to people who are registered shareholders by the end of the February 11th business day.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • China blocks privacy-focused search engine DuckDuckGo - 1:21 PM EST
  • Rumor has 12-inch MacBook Air dropping most ports, getting USB Type C - 1:13 PM EST
  • HomeKit support present in latest Apple TV firmware, source says - 11:40 AM EST
  • iPhone 6/6 Plus sales topped 10 million in three days, Apple says - 9:48 AM EST
  • Tim Cook to speak at Climate Week NYC at 12PM Eastern - 9:06 AM EST

    Today's iPodNN Stories:
  • AOC releases 24-inch G2460PG monitor with Nvidia G-sync - 1:20 PM EST
  • BlackBerry Passport available after launch event for $599, CEO claims - 11:22 AM EST
  • Briefly: Canon plans PowerShot with large sensor, Ikea pushes solar - 9:40 AM EST
  • LG Wine Smart unveiled as flip phone running Android KitKat - 8:04 AM EST
  • EE agrees with administrators to acquire 140 Phones 4U stores - 6:53 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.