Apple releases Q1 2013 earnings
To break it down, Apple projected it would do about $52 Billion this quater, Analysts had predicted $55 Bilion in revenue and $13.41 earnings per share with 50 million iPhones, 23 million iPads, 12 million iPods, and 5 million Macs. Regarding The actual Financial and Device Numbers, here’s how it went:
Money:
Revenue: $54.5 Billion
Profit: $13.1 Billion
Earnings per share: $13.81
Profit Margin: 38.6%
Devices:
iPhone: 47.8 million
iPad: 22.9 million
Macs: 4.1 million
iPods: 21.7 million
When you compare these numbers to last quarters (Q4 of 2012):
27 million iPhones
and
14 million iPads
With revenue of $36 billion and profit at $8.6 billion.
For a company that’s ‘supposedly struggling’ and whose stock prices shed near $200 billion from its $700/share high in September, I’d say Apple’s tremendous growth over the previous quarter proves it’s doing pretty well.