Apple reports record profits, sells 47 million Apple iPhones in fiscal first quarter

Apple reported record profits of $13.1 billion for its fiscal first quarter which ended last month, which works out to $13.81 a share and the company sold 47.8 million Apple iPhones int he quarter vs. 37 million last year; the company also sold 22.9 million Apple iPads in the period against last year's 15.4 million sold and the company as a whole had record revenue of $54.5 billion in the quarter...
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58 Comments

45. Slammer

Posts: 1515; Member since: Jun 03, 2010

I will reply because I value your insight. I would like to add that in the world of technology, wise investors become repetitive purchasers based on innovation; not just on how well the company is doing. The revolutionary vision of Steve Jobs was limited after his passing. Future innovation is in serious question for Apple. Great companies fail if they don't continue to evolve through new ideas. John B.

49. QWIKSTRIKE

Posts: 1457; Member since: Mar 09, 2010

You are so correct about this, and my insight is nothing short of Elliot waves and Pivot Points that I teach to any one that wants to learn!

53. Slammer

Posts: 1515; Member since: Jun 03, 2010

Lol. I'm not equipped to retain the stock exchange knowledge that you offer. I do, however, realize that it doesn't matter how great a product is. Investors want return on their investments. If future advances and/or discoveries are questionable, purchases are put on hold for that company; or placed elsewhere. John B.

54. networkdood

Posts: 6330; Member since: Mar 31, 2010

I cannot even remember the last time APPLE came out with a product truly revolutionary...it was not with the iphones 4 thru 5, or with the last 3 ipads and or with the ipad mini....and now I hear of an iphone XL - again not revolutionary....oh well, to each his own....

48. QWIKSTRIKE

Posts: 1457; Member since: Mar 09, 2010

I see some fool thumbed me down when in fact I posted the truth about how the stock works. I hope you were in at the $700 dollar high when people were saying go long . A Short term long may be in order here for Apple, but I see $300's if Apple cant break over $517.00

55. networkdood

Posts: 6330; Member since: Mar 31, 2010

I thumbed you up, because you gave info that no one else would even no where to begin to write about. +100!

2. darthinvader

Posts: 63; Member since: Sep 18, 2012

Did he say Innovation?? Ya right.. :P

29. MrJerry

Posts: 403; Member since: Oct 05, 2012

I was possitive until I read the last paragraph lol

3. Shino

Posts: 196; Member since: Jul 23, 2012

You are damn right, buddy! Apple kicks ass! I really wonder why they just don't buy Google and MS and get over with it? :)

18. darkkjedii

Posts: 30825; Member since: Feb 05, 2011

Now that's gonna really get the fandroids up in arms lol. +1 lol

22. Tele7

Posts: 47; Member since: Dec 12, 2012

Because Apple would find itself in the middle of an anti-monopoly proceeding

6. OhSo3D

Posts: 39; Member since: Feb 22, 2011

I'm not an Apple fanboy by any means, but all I have to say is good for them. They're a company & succeed in what they do. I don't see the need to fight about which company is the best every time the opportunity comes along. But hey, that's just me.

7. torr310

Posts: 1624; Member since: Oct 27, 2011

Apple knows how to make money. Period. I hate proprietary and don't want to threw my money to Apple. Period.

8. Jonathan41

Posts: 532; Member since: Mar 22, 2012

Huge profit margins usually have that effect.

17. techguy22

Posts: 227; Member since: Aug 09, 2012

good for apple. i still dont like their IOS, how they treat their competitor, but they know how to make money, no need to fight,

23. InspectorGadget80 unregistered

Why should we care bout any company stocks?

24. GoBears

Posts: 456; Member since: Apr 27, 2012

Sorry to burst all you brainwashed Apple fanboys bubbles but check out aapl after hours. It's tumbling and I freaking love it.

31. JunitoNH

Posts: 1946; Member since: Feb 15, 2012

I realize you probably have no idea what you are speaking about, or what Apple is about. I'm going to post a link, read the article, with understanding. You may learn how the real world works, then when you finish, read the comments by mature, informed adult, not kids. http://gizmodo.com/5977625/android-is-popular-because-its-cheap-not-because-its-good?tag=phones

35. darac

Posts: 2156; Member since: Oct 17, 2011

HE has no idea? Riiight.. http://www.businessinsider.com/consumer-reports-iphone-5-2013-1#ixzz2HFH1GQHx Oh and gizmodo..what else to expect from them?

38. jroc74

Posts: 6023; Member since: Dec 30, 2010

Then please explain all the pre orders of first weeks, months sales of new high end Android phones... because they are certaintly not cheap. I got the Droid X1 and RAZR off contract...and the first day they were available....thats $600 times 2.... It amazes me ppl still overlook that tidbit of info. Btw.....since some iPhones now comes free or cheaper....the cheaper argument isnt gonna fly anymore....Android is good, period. Thats one reason why its so popular. Cheaper phones is another....not the only reason. Win Mo was cheaper.....looked what happened to that. BB was cheaper...look what happened to that. Palm was cheaper.....may they rest in peace.... If a cheaper phone is the only reason why its popular.....how do you explain Apple keep breaking sales records....year after year?

50. Slammer

Posts: 1515; Member since: Jun 03, 2010

JunitoNH, This argument is old. On contract, the iphone is no more expensive than the competitive high end Android devices. People are starting to realize that purchasing a phone with the most options and offerings, carries them through a two year sentence more economically. It is nice knowing that one can purchase a device that grows into upcoming technology. That is the fallacy of Apple. Apple tells the consumers what they need. Competitors prepare their devices for the near future. My friend bought an iphone 5 thinking NFC was a niche play. He returned it and purchased an Android due to the shear convenience of knowing it was there. John B.

26. Carlitos

Posts: 645; Member since: Oct 23, 2011

But you fail to notice the stock fell 55 points. Almost 11%. Lmao

32. darac

Posts: 2156; Member since: Oct 17, 2011

Because they also fail to notice the outlook for next quarter: 41billion in revenue, from the current 54 billion That's more than 20 percent drop!

27. synot

Posts: 277; Member since: Sep 14, 2012

If it was written by any other than ALAN F. I maybe would have believed it.

28. jroc74

Posts: 6023; Member since: Dec 30, 2010

Yet another record profits posted by Apple....and yet they claimed they were being harmed by the so called copying by Samsung.... Maybe one day...Apple will actually take a look at their bank account, financial books...and stop the crying...because they obviously dont.

40. nard0207

Posts: 18; Member since: Jan 03, 2013

Tom Cook. lol

44. JTS1994

Posts: 1; Member since: Jan 23, 2013

Mr Gadget- the stock picture says investors believe that, long term, Apple is not as desirable as they were a few years back. The reason is simple, the last few years (since the launch of the first iPad), their profitable product line (iOS devices) has become stagnant. The competition has caught up in terms of innovation (truthfully Apple has fallen behind from an innovation standpoint). Five years ago, Nintendo was the market leader (in fiscal measurables), in the gaming world. They were the most profitable of the three big boys (Sony and Microsoft), from console revenue. In fact, they were the only one generating a profit from system sales. The last 5 quarters, Nintendo has been in the red..because they refused to move forward. I know this isn't an apple to Apple comparison, but there is reason it's unwise for tech companies to sit still or get overly comfortable in their position (counting money instead of moving ahead)

57. TRUTHHURTS69

Posts: 1; Member since: Jan 23, 2013

TRANSLATION= PEOPLE STILL BUY OUR OVERPRICED PRODUCTS.. WHAT'S FUNNY IS THAT THE fanboys THINK IT'S GOOD NEWS FOR THEM WHEN IN FACT THE NUMBERS MEAN THAT CONSUMERS Are RIPPED OFF DUE TO THEIR HIGH PROFIT MARGIN.....
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