We've got a load of numbers for you now...and they're all very big numbers.
Ready?
Apple has announced net profits for the full year to September 25 of £16.5bn ($25.9bn) - an increase of 85%.
In the fourth quarter of the year, Apple sold 17.1 million iPhones, which was a 21% increase on the same period last year, and 11.1 million iPads, which was a 166% increase.These figures, believe it or not, are somewhat disappointing. Or to be more precise, the number of iPhones sold disappointed analysts. They were expecting more than 20m iPhones to be shifted.
Apple says iPhone sales during the quarter were hit by people waiting for a new device - the iPhone 4S which went on sale on October 14.
And let's not forget, the iPhone 4S sold a record 4m in the first three days - more than double the iPhone 4.
Announcing the results, Apple made it clear it's looking at the iPad for major future growth. It believes there will soon be more tablet devices in the world than PCs.
Even so, Mac computers did well, selling 4.9m in the quarter - up 27% on the same period last year.
Apple shares fell when the figures were announced, but quickly went up and ended the day slightly higher.
Hit the jump for the full Apple press release:
You can follow IJSMblog on Twitter and FacebookApple Reports Fourth Quarter Results
All-Time Record Mac and iPad Sales
CUPERTINO, California—October 18, 2011—Apple® today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.
Highest September Quarter Revenue and Earnings Ever
The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter.
“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,” said Tim Cook, Apple’s CEO. “Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”
“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”
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