MobileTechReview Forum, News and Reviews: Apple Reports Record Results, 47.8 Million iPhones Sold Last Quarter

Apple today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. International sales accounted for 61 percent of the quarter's revenue. Here are more details:

Average weekly revenue was $4.2 billion in the quarter compared to $3.3 billion in the year-ago quarter.

The Company sold a record 47.8 million iPhones in the quarter, compared to 37 million in the year-ago quarter. Apple also sold a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. The Company sold 4.1 million Macs, compared to 5.2 million in the year-ago quarter. Apple sold 12.7 million iPods in the quarter, compared to 15.4 million in the year-ago quarter.

Apple is providing the following guidance for its fiscal 2013 second quarter:

* revenue between $41 billion and $43 billion
* gross margin between 37.5 percent and 38.5 percent
* operating expenses between $3.8 billion and $3.9 billion
* other income/(expense) of $350 million
* tax rate of 26%

-----------------------------------------------------

Check out our latest smartphone reviews:

HTC Droid DNA Review
HTC One X+ Video Review
Google Nexus 4 Video Review
HTC 8X Video Review
Nokia Lumia 822 Video Review
HTC Droid DNA Review
Nokia Lumia 920 Review
Samsung Galaxy Note II Video Review
LG Optimus G Review

-----
MTR News