Apple Releases Q1 2013 Results – Sales Records Set

By lommadmin

Apple Store 2

Apple has released their 1st quarter financial report of 2013 were the Cupertino-based company posted record quarterly revenue of 54.5 billion and a record quarterly net profit of $13.1 billion ($13.81 per diluted share).

Apple also set records in the sales of iPhones and iPads. The total sales of iPhones were 47.8 million, up 10.8 million from last year. iPads tallied in at 22.9 million sold, up 7.5 million from last year this time.

“We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

As of posting Apple is down 6.27% at $481.79 in afterhours trading. Apple had closed at $514.01 with a gain of 9.24%.