Original URL: https://www.theregister.co.uk/2011/01/18/apple_q1_11/
Apple tops $6bn in quarterly income
'Phenomenal,' says Jobs
One day after saying that he'd would be taking an open-ended medical leave of absence, Apple CEO Steve Jobs announced that in the recently completed first quarter of his company's fiscal year, net income exceeded $6bn for the first time.
"We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” Jobs said in a prepared statement. "We are firing on all cylinders and we've got some exciting things in the pipeline for this year."
The $6bn figure – $6.004bn, if you prefer precision – is especially startling when compared to the same quarter last year, when net income was $3.4bn. Quick math: that's a 78 per cent jump.
Net sales for the quarter, which ended on Christmas day, were $26.7bn, up from $15.7bn in the year-ago quarter – a 70 per cent jump.
During the holiday quarter, Apple sold 4.13 million Macs, a 23 per cent increase, and 16.24 million iPhones, an 86 per cent leap. Another 19.45 million iPods were also snapped up by eager shoppers, a 7 per cent decrease – but, frankly who cares about that slippage, with iPhones taking over music-playing chores for Apple-kit fans?
The "magical and revolutionary" iPad continued to work its revolutionary magic on Cupertino's bottom line, with 7.33 million sold in the quarter. ®