Apple reports best quarter ever.

Yesterday Apple released their Q1 2011 earnings call.  Apple has just had their best quarter ever, racking in over $26.7 billion in revenue, a number which blows away even the most optimistic Wall Street projections.

In Q1 2011, Apple managed to sell an impressive:

  • 16.24 million iPhones
  • 7.33 million iPads
  • 4.13 million Macs

Steve Jobs did not appear during the conference call, and his recent sick leave was not discussed either, he did  however,  provide a quote for the press release, saying:

“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales. 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 their hands on.”

Apple projects $22 billion in revenue for next quarter, as well as earnings per share of $4.90. Given Apple’s history surprising its shareholders, it’s probably going to be a lot more.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s