subject: Apple Q1'11: Record Revenue, Earnings, Mac, Iphone And Ipad Sales [print this page] Apple (AAPL) just announced its Q1 2011 financial results and a record $26.74 billion in revenue (up 71% percent) and $6 billion in profit or $6.43 per diluted share.
In fiscal Q1, ending December 25, 2010, Apple sold:
7.33 million iPads (sequential increase of 3M)
19.45 million iPods
16.24 million iPhones
4.13 million Macs
Big numbers, to be sure.
Apples senior vice president and Chief Financial Officer Peter Oppenheimer noted that Apple could have sold even more iPhones if they could have supplied them.
We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales, said Steve Jobs, Apples CEO. We are firing on all cylinders and weve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers cant wait to get their hands on.
We couldnt be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter, said Peter Oppenheimer, Apples CFO. Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.
Apple just completed its Q1 2011 financial results conference call and it will soon be available as a podcast.
