Apple stuns Street with massive $46.33 billion record revenue; all-time record Mac, i

[enzo1]

Brace yourselves. This one’s a biggie:
Apple today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. Gross margin was 44.7 percent compared to 38.5 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.

The Company sold 37.04 million iPhones in the quarter, representing 128 percent unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 15.4 million iPods, a 21 percent unit decline from the year-ago quarter.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO, in a statement. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion and we expect diluted earnings per share of about $8.50.”

Trading in AAPL shares has been halted in after-hours trading. Apple shares to resume trading at 4:50pm ET.

Apple will provide live streaming of its Q1 2012 financial results conference call beginning at 5:00pm ET which MacDailyNews will cover with live notes. Check our home page at 4:55-ish for the live conference call coverage.

According Thompson Financial, the analysts’ consensus called for $38.85 billion in revenue and $10.08 EPS.

On October 18, 2011, Peter Oppenheimer, Apple’s CFO, gave Q112 guidance of “revenue of about $37 billion” and “diluted earnings per share of about $9.30.”

[motion]

The business world has a lot to learn from Apple, and most of its pretty good stuff. I can't wait to see the day when Steve is vindicated against the likes of Bill Gates, Android, HTC, Samsung, etc.

Now, when's the Apple movie coming out?

[nostatic]

[126coupe]

Can Apple run the country? I say yes.

[stomachmonkey]

...... I can't wait to see the day when Steve is vindicate.....

That's already happened, in spades.

[enzo1]

[enzo1]

more info.... MacDailyNews presents live notes from Apple’s Q411 Conference Call with analysts starting at 5pm EDT/2pm PDT today.
Live notes from Apple’s Q411 Conference Call in reverse chronological order:

• 110 million visitors to retail stores
• Sold 1.1 million Macs vs. 851,000 units YOY; more than half the Macs sold were to customers new to Mac
• Apple Retail Stores: $6.1 billion revenue, 59% YOY increase

• App Store: Over $4 billion earned by developers
• iCloud has over 85 million users signed up as of today
• 315 million cumulative iOS devices now sold

• Over 3 million iTunes U downloads
• Over 600,000 copies of iBooks Author downloaded since release last week

• iPad is used in a wide variety of businesses, from wineries to airlines
• Over $9.1 billion in iPad and iPad accessories during Q112
• iPad was extremely popular with holiday buyers

• iPHone 4S began shipping in China. iPhone 4S now available in 90 countries
• Nearly all of Fortune 500 now approve and/or use iPhone on their networks
• $24.4 billion revenue from iPhone and iPhone accessories
• Oppy: Customers captivated by iPhone 4S’s Siri

• Over 140 million apps and content downloads on December 25, 20111
• iTunes Store record results of $1.7 billion during Q112
• iPod sale ahead of Apple’s expectations, iPod touch continued to account for over half of all iPods sold

• 5:04PM: AAPL +32.61, 7.76%, to $453.02

• Record 5.2 million Macs, 26% unit increase YOY
• Record 15.43 million iPads, 111% unit increase YOY
• Record 37.04 million iPhones, 128% unit growth YOY
• 15.4 million iPods, 21% unit decline YOY

• Gross margin was 44.7 percent compared to 38.5% YOY
• International sales accounted for 58% of the quarter’s revenue

• Apple CFO Peter Oppenheimer, CEO Tim Cook present

• Conference call begins
• Awaiting start of conference call… MacDailyNews presents live notes from Apple

[genrex]

It's interesting that people think iPads and cell phones and personal computers have enhanced our quality of life. There has been no benefit, other than being short-term distractions for the masses until it ends up as unrecycled garbage filling up our landfills.

But perhaps I digress...

_

[gprsh924]

Thanks for the input Luddite

Posted from iPad

[motion]

Originally Posted by genrex

It's interesting that people think iPads and cell phones and personal computers have enhanced our quality of life. There has been no benefit, other than being short-term distractions for the masses until it ends up as unrecycled garbage filling up our landfills.

But perhaps I digress...

_

Are you kidding us here?

[enzo1]

generex: the BMW driver decides he wants to be more spiritual so he sells his BMW and buys a bicycle attends workshops on meditation .... so he's riding his bike and he notices the BMW guy driving down the road, he is appalled by the Bmw driver.... is he less or more spiritual? Both have made a "self" out of what they are driving.... they are both "unconscious" if the BMW driver knows this then he could be more "spiritual" than the bicycle rider

[john70t]

iPads(and other tablets) have solid state drives.
Energy efficient, fastboot, portable, and shakeable without another HD going into the landfill.

But yes, electronics need some sort of domestic recycling program.
For now they are shipped to china and india and disassembled by barefoot children sitting in puddles of mercury to be made into new electronics.

[enzo1]

In Apple, “we have a company that’s been phenomenally successful, making products people love and directly creating nearly 50,000 American jobs in doing so, criticised for not locating its manufacturing operations in America,” The Economist writes. “It isn’t enough for Apple to have changed the world with its innovative consumer electronics. It must also rebuild American manufacturing, and not just any manufacturing: the manufacturing of decades ago when reasonable hours and high wages were the norm.”
All told, the physical production of Apple’s products accounts for hundreds of thousands of manufacturing jobs. America, which finds itself several million jobs short of where it would like to be, and particularly short of the middle-skill manufacturing positions that once powered growth in the middle class, seems to want some of those back,” The Economist writes. “Is that a reasonable desire?”

“The [New York] Times piece quotes Steve Jobs as telling President Obama that those jobs aren’t coming back, and they probably aren’t. Attracting firms back to America wouldn’t simply be a matter of helping reduce production costs in America. You’d have to replicate the convenience of the entire supply chain, which would likely be an enormously costly enterprise,” The Economist writes. “Given the quality of the jobs characteristic of these production chains, one should ask whether it might not be a better idea to invest that money elsewhere.”

“It’s worth asking how the American government might alter its policies so as to make life better for middle- and low-skill workers in America at reasonable cost. Offering heavy subsidies to Apple to get it to relocate production would reduce inequality in America; you’d increase the tax burden which would mostly affect richer households and you’d create low-wage jobs, which would mostly benefit underemployed, low-skill workers,” The Economist writes. “Now, perhaps after we add up everything Americans will decide that this kind of massive intervention in the economy and associated efficiency cost is worth it, in order to provide the dignity of employment, such as it is, to millions of workers. It’s worth asking, however, whether there might not be a different and better way forward.” http://www.economist.com/blogs/freeexchange/2012/01/supply-chains?fsrc=scn/tw/te/bl/appleandtheamericaneconomy

[enzo1]

aapl- was down today @420$-7.00 it went to 457.00 after hours when it halted trading...

[Zeke]

Originally Posted by genrex

It's interesting that people think iPads and cell phones and personal computers have enhanced our quality of life. There has been no benefit, other than being short-term distractions for the masses until it ends up as unrecycled garbage filling up our landfills.

But perhaps I digress...

_

No benefit is not correct. There may be a backlash of some aspects of "quality of life."

I never thought myself that Steve Jobs needed and vindication. I always admired the products and the model, just never had the need. I do have an iPhone these days.

Meh, just another smart phone. My old Samsung did a much better job of connecting me to local business using "live search" than Siri does.

But you can't dispute the numbers. That's truly amazing. Will this put Apple back on top for cash reserves?

[motion]

Microsoft, Samsung, HTC and others continue to blatantly steal Apple designs to this day. Steve will be vindicated when the bad guys are forced to innovate in their own ways. That's what I meant

[Zeke]

And like I said, I knew he was the true inventor/innovator from the get go. We know he had the first "windows."

[enzo1]

zeke; u probably haven't dealt with viruses, apple doesn't get.... cash=Apple is king

[enzo1]

Originally Posted by motion

Microsoft, Samsung, HTC and others continue to blatantly steal Apple designs to this day. Steve will be vindicated when the bad guys are forced to innovate in their own ways. That's what I meant

you mean Eric T. Mole

[widgeon13]

Originally Posted by enzo1

aapl- was down today @420$-7.00 it went to 457.00 after hours when it halted trading...

it only halted trading until 16:50. At 18:19 it's at $453.