By: Aseem Gaurav, January 28, 2012
Although Apple did not provide the details of the results product-wise, but it said the iPhone 4S contributed to majority of its profits. In all of fiscal 2011, company sold over 72 million iPhones as against 40 million in 2010. In the iPhone category, Apple is now offering 4S besides its regular models like iPhone 3Gs and iPhone 4. So much is the craze for the device that Apple sold more iPhoens than people born in the world each day during the same period.
Technology giant Apple reported a record final quarter of 2011, which astonished tech observers and media folks and silenced the company's critics.
The Cupertino, California-based iPhone maker reported an all-time record revenue of $46.3 billion in the last three months of 2011, nearly doubling of what is achieved during the holiday-shopping quarter of 2010. The fourth quarter o 2011 was a historic one for Apple, as it was the biggest quarterly revenue for any technology company, far exceeding Samsung's record of $41 billion.
Apple's quaterly figures were so impressive that when compared, they were equal to 2010 gross domestic product of Tunisia. Projected over an entire year, Apple's revenue would top the GDP of all but 46 countries, including Pakistan, Peru, Vietnam and New Zealand.
Although Apple did not provide the details of the results product-wise, but it said the iPhone 4S contributed to majority of its profits. In all of fiscal 2011, company sold over 72 million iPhones as against 40 million in 2010. In the iPhone category, Apple is now offering 4S besides its regular models like iPhone 3Gs and iPhone 4. So much is the craze for the device that Apple sold more iPhoens than people born in the world each day during the same period.
Apple sold around 15.43 million iPads during the quarter, which is a whopping 111 per cent higher as compared to the same quarter last year. This suggests that the company sold three times as many iPads as Kindle Fires at twice the price. According to research firm IDC, the volume is higher than PC sales by rivals.
Apple, co-founded by tech icon Steve Jobs, has even exceeded its gross margin, which ended during the quarter at 44.7 percent. A jubilant Apple, buoyed by the results, is predicted a robust year ahead, through strengthening of product distribution channels and opening up of more retail stores.
Apple's results and even the money it has in its hands may surprise most of the us. Even user got creative with Apple's mega-success and did some analysis/comparison about what this money can buy or do. The Apple fanboys have even dedicated a whole website called www.applemademoremoneythan.com to that. If you like crunching numbers, you can also also submit your own comparisons to be included in the website's list.
Below are some very interesting facts about Apple results:
* Apple is now the world's largest smartphone maker, beating Samsung
* Apple's revenue is now DOUBLE Microsoft's ($46 billion versus $20.9 billion).
* Apple's quarterly profit of $13 billion was the fourth biggest ever!
* That profit was bigger than Google's quarterly revenue -- $13 billion for Apple versus $10.6 billion for Google
* Apple's $13 billion in profits are bigger than Research In Motion's $8 billion market cap
* Apple now has $97 billion in cash on hand.
* The number of people visiting its stored have increased by over 45 per cent.
* App Store developers earned $700 million in the Q3, while it paid out $4 billion to developers.
