With the passing of its former CEO and co-founder Steve Jobs during fiscal 2012 first quarter, Apple’s financial results hit the highest level in term of revenue and sales from October to December 2011. As per the latest financial results ended December 31, 2011, the world’s largest mobile gadgets company announced all-time high quarterly revenue of $46.33 billion. The Company has a record setting of net profit of $13.06 billion. Compared to one year ago, the revenue for fiscal 2011 first quarter was $26.74 billion (or, an increase of $19.6 billion in term of revenue). While in term of net quarterly profit, one year ago was $6 billion (or, an increase of $7 billion).
The hottest selling item was iPhone as Apple sold 37.04 million multi-touch phones during the October to December quarter. The Company stated that iPhones demand increased about 128% over one year ago.
The next hottest item was iPad as Apple sold 15.43 million iPads. Apple noted that the demand for iPads increased about 111% over one year ago.
Apple didn’t sell many iPods during the quarter compared to one year ago. The Silicon Valley-based company sold only 15.4 million iPods or a drop of 21% from one year ago.