Apple Reports Record Numbers, Steve Jobs Still Sick
Posted in: Apple, ipad, iPhone, ipod, macbook, Today's Chili
Apple today posted its financial results for the first quarter of 2011, and the company has plenty to celebrate, pulling in $26.74 billion dollars–that’s up from $15.68 billion the same time last year.
Apple moved 7.33 million iPads, 16.24 million iPhones (up 86 percent over last year), and 4.13 million Macs (up 23 percent over last year). iPod sales decreased, meanwhile, with 19.45 million (down seven percent), continuing no doubt to be cannibalized by iPhone sales.
The company’s CFO, Peter Oppenheimer, was, not surprisingly, optimistic about the whole thing,
We couldn’t be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter. Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.
A release issued by the company also contained a quote from CEO Steve Jobs,
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.
The presence–or rather lack–of Jobs cast a shadow on the positive results. News came out this weekend that the CEO would be taking yet another medical leave of absence from the company, a fact that has fueled speculation that the executive’s cancer may have returned.
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