Apple today posted an audio webcast of its Q1 - 2012 financial results. The quarterly results stacked up as the best quarter that Apple has experienced in a long time, with a record quarterly revenue of $46.33 billion and a net profit of $13.06 billion.
Courtesy of Apple
Apple sold 37.04 million iPhones, a 128% increase over the same quarter last year. iPad sales were an astonishing 15.43 million, a 111% increase over the same quarter last year. The Mac accounted for sales of 5.2 million units, a 26% increase over the same period last year.
"We're thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs," said Tim Cook, Apple's CEO. "Apple's momentum is incredibly strong, and we have some amazing new products in the pipeline."
Since Apple's announcement yesterday, some leading market analysts are indicating they will be raising their forecast on the company, expecting Apple's second quarter to outperform last year's results, with both strong earnings and sales.