Apple Sells Over 47 Million iPhones Amid Stock Tumbles
Posted 01/23/2013 at 3:43pm
| by Matt Clark
Cupertino has just released its financial results for the first quarter of 2013. Despite some recent turmoil over reduced parts manufacturing and lowered stock expectations, Apple has still started the year with a record showing.
Apple's 13-week Q1 for 2013 ended on December 29, 2012. Cupertino has reported "record" revenue for the quarter at $54.5 billion; a gain of almost $8 billion year-over-year.
But perhaps more interesting, Apple managed to move 47.8 million iPhones in the quarter, in comparison to 37 million during the same period last year. Given the recent news surrounding reduced orders of iPhone parts from overseas suppliers, the record showing could help ease the minds of wary shareholders.
Most recently, the company's stock dropped to below $500. And despite rumors of Sharp reducing output of full-size iPad screens, Apple also sold a record 22.9 million iPads during the quarter. Granted, the release does not show what portion of the units sold are attributed to the holiday buzz surrounding the iPad mini.
"We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter," said Apple CEO Tim Cook. "We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world."
Mac computers and iPods did not fare quite as well as the iPhone and iPad. Apple sold 4.1 million Macs in the quarter (down from 5.2 million a year ago), and 12.7 million iPods (down from 15.4 million a year ago).
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