Apple has announced the fourth quarter financial result of the year (Q4 2011) and the results are:
â€¢ $28.27 billion revenue
â€¢ $6.62 billion profit
â€¢ 17.07 million iPhones sold %21 growth
â€¢ 11.12 million iPads sold %166 growth
â€¢ 4.89 million Macs sold %26 growth
â€¢ 6.62 million iPods sold %27 decline
Here is Apple’s press release:
Apple Reports Fourth Quarter Results
All-Time Record Mac and iPad Sales
Highest September Quarter Revenue and Earnings Ever
CUPERTINO, Californiaâ€”October 18, 2011â€”AppleÂ® today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarterâ€™s revenue.
The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter.
â€œWe are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,â€ said Tim Cook, Appleâ€™s CEO. â€œCustomer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.â€
â€œWe are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,â€ said Peter Oppenheimer, Appleâ€™s CFO. â€œLooking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.â€
Apple will provide live streaming of its Q4 2011 financial results conference call beginning at 2:00 p.m. PDT on October 18, 2011 at www.apple.com/quicktime/qtv/earningsq411. This webcast will also be available for replay for approximately two weeks thereafter.
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