RSS LinkedIn Google Plus

Call us: 0800 014 9884

Record profits for Apple

Record_profits_for_Apple_6731

Profits up at Apple

Apple has announced record profits fuelled by rising sales of the Mac, iPhone and iPad.

In its first-quarter results, the company posted a record net quarterly profit of $6 billion (£3.75 billion), up an astonishing 78 per cent on a year earlier. Revenue increased by 71 per cent to £16.71 billion over the same period.

Steve Jobs statement

Apple’s financial report also included a statement from Steve Jobs. This will come as a surprise to many because, earlier this week, the company’s chief executive officer told staff that he would be taking indefinite leave owing to health problems. Mr Jobs also took six months off in late 2008 to mid 2009 for medical reasons. But Apple’s latest press release – the first since news of his departure broke – makes no mention of Mr Job’s health problems.

“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Mr Jobs. “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get hold of.”

Over the last 12 months, Apple has reaffirmed its position at the forefront of the technology sector. Spring saw the successful launch of the iPad in the US, while the iPhone 4 followed shortly after. This year, Apple is hoping to build on that success with the unveiling of the iPad 2, the iPhone 5 and the new MacBook Air (pictured).

Here is a breakdown of sales for Apple’s key products in the first quarter of 2011:


Product Global sales YoY Growth
Mac 4.13m 23%
iPhone 16.24m 86%
iPod 19.45m -17%
iPad 7.33m N/A

Written by Richard Frost

Testimonials

"theEword team have been crucial to us achieving record growth in the last financial year"

~ defibshop ~

  defibshop

"theEword understand our market dynamics"

~ Lees Solicitors ~

  Lees Solicitors

"theEword are scrupulously honest and hardworking"

~ Britannia Living ~

  Britannia Living

"theEword consistently go above and beyond"

~ Merlin Entertainments ~

  Merlin Entertainments

View more of our testimonials »

Bing implements one small change and one big change Tuesday 14th of April, 2015by Dan Moores Over the past week, Bing has implemented two changes. One appears to be directly influenced by Google, while the other demonstrates independent thinking and creativity.

More on this story »

April UK search market share: Bing revival stutters again Tuesday 5th of May, 2015by James Riches Bing’s mini-revival in the UK search market appears to have stalled, with data from StatCounter Global Stats showing a second consecutive monthly loss.

More on this story »

May UK search market share: Small gain for Google Monday 1st of June, 2015by James Riches Google’s dominance of the UK search market continues, as webmasters focus on mobile and the public search for Election and Eurovision results.

More on this story »
Twitter
theEword - 17 hours ago

We're glad everyone enjoyed #LightaFireJo and all of Jo's inspirational stories. Here's our blog about the night > http://t.co/3V6vtUljUh

Twitter
theEword - 2 days ago

If you couldn't make it for #LightaFireJo you're in luck, we've written a blog for you > http://t.co/wJBRlu9ljB http://t.co/dJYhuO3img

Twitter
theEword - 2 days ago

What do retailers need to know about CRO? http://t.co/aqb8n84nN2 http://t.co/jDWYvSXuWB

Twitter
theEword - 2 days ago

Got a spare 1 minute and 6 seconds? Spend it enjoying 11 of the best Vines from July https://t.co/jNm70F1oRy

Twitter
theEword - 2 days ago

Make sure you know how to write great #digital content with our free #guide > http://t.co/XSmX4uRoBS http://t.co/PVDE7J7Ff3

What retailers need to know about conversion rate optimisation Monday 15th of June, 2015by Andy Williams Conversion rate optimisation (CRO) is the process increasing the number of visitors to a website into conversions. See why it's vital for retailers to use it.

More on this story »

What's the best social channel for your retail brand? Wednesday 24th of June, 2015by Dan Moores You already know how vital social media presence is. Here's how you can make the most of three very popular platforms - and not just from a brand-amplification standpoint.

More on this story »

Light a Fire with Jo Leah Friday 31st of July, 2015by Sian English

More on this story »

Who loves theEword

Who loves theEword Who loves theEword