This has exceeded Wall Street 's expectation which was looking for Apple to report earnings of $5.37 a share on revenue of $23.38 billion.
Now for all of us who has seen Apple's iPhone almost take over the smartphone market since the launch of iphone , digest this.According to Apple’s latest earning report, an entire half of Apple’s quarterly revenue that is 50% is coming in from the iPhone and iPhone-related products.
For context, Apple’s revenue a year ago was only $13.5 billion.
- Apple sold 18.65 million iPhones in the March quarter, up 113 percent a year ago.The additional distribution by Verizon seems to have helped Apple increase their volumes.. apart from AT and T sales channels
- In fiscal Q4 2010, the iPhone accounted for roughly 33%. In Q1 2011, it was 39%.
- This works out to roughly 12.3 billion dollars in revenue — or 50% — for the iPhone division alone.
- Apple sold 3.76 million Macs in the March quarter, which was in increase of 28% year-over-year growth.
- iPods: Apple sold 9.02 iPods in the quarter. Analysts were looking for about 10 million.
- Apple sold 4.69 million iPads in the March quarter while while 9.02 million iPod were sold.
Apple's overall revenue for the quarter was $24.67 billion,For a company this size to grow this fast, and even accelerate growth, is astounding.
- Mac sales have outperformed PC growth for 20 consecutive quarters. with MacBook Air and MacBook Pro ramping up sales . Mac channel inventory was between 3 and 5 weeks.
- Americas and Asia iPhone sales doubled year over year. Apple has 186 carriers in 90 countries. iPhone channel inventory was 4 to 6 weeks
- 88 percent of large enterprises deploying or testing iPhone.
- iPad, currently had distribution in 59 countries. “We sold every iPad 2 we could make in the quarter,” he said. He said CIOs continue to embrace the iPad.
- Apple will open 40 new retail stores in 2011. Three quarters of those stores will be outside the U.S.
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