SOME NUMBERS ON APPLE…WOW!
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Some numbers on Apple…wow!
Earnings:
- Apple had net income of $11.6 billion on revenue of $39.19 billion. Earnings per share were $12.30 (versus Street analysts consensus of $10.06 per share, $9.52 billion in profits on revenue of $36.8 billion);
- Profits rose 94%; revenues gained 58.9%for Q1
- Apple’s cash = $110.2 billion at end of Q1 (up from $97.6 billion at year’s end)
- ~$74 billion of Aple’s cash is held offshore.
- Gross margin rose to 47.4% from 41.4% a year earlier.
- Apple has beaten Wall Street’s consensus estimates in 16 out of its last 17 quarters;
- Apple has 360 million cumulative iOS device sales.
iPhones:
- Apple sold 35.1 million iPhones — up from 18.65 million units a year ago.
- iPhones (+ ecosystem) are 57.9% of Apple’s sales, up from 52.7% prior Q.
- iPhones are now available in more than 100 countries and at 230 wireless carriers (versus 90 countries and 186 carriers a year ago).
- iPhone sales in Asia Pacific doubled.
iPad:
- iPad sales were 11.8 million units — up more than 150% from a year ago.
- Since its launch two years ago, Apple has sold 67 million iPads (Tim Cook: “It took us 24 years to sell that many Macs, and five years to sell that many iPods, and over three years for that many iPhones.”)
- iPad channel inventory was about 2 million at the end of the quarter, which is below the company’s target range of 4-6 weeks of iPad inventory.
- App Store has 600,000 apps, 200,000 of them specifically for iPad.
Everything else:
- China accounted for $7.9 billion of revenue — about 20% of Apple’s total; this is a 300% gain from year ago levels.
- Two years ago, Apple sales in China were 2% pf total.
- Apple sold 4 million Macs during Q, up 7% vs Q1 2011;
- iPod sales were 7.7 million units, down 15% vs Q1 2011;
- iTunes sales = $1.9 billion Q1 — an annual run rate of about $8 billion per year (up 35% year over year).
- Retail store revenues jumped 38% from 2011 Q1;
- 24th straight Q that the Mac has outgrown the broader PC market.
- Non Mac PC shipments in the United States totaled 15.5 million units in the first three months of 2012, representing a 3.5 percent decline from the same period last year