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Apple announces $46 billion quarter, sells 37 million iPhones

By Leeky
Jan 25, 2012
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  1. Apple sadly lost their iconic co-founder and former CEO Steve Jobs after his long battle with cancer late last year, raising questions about whether the Cupertino-based tech giant could continue…

    Read the whole story
  2. mario

    mario Ex-TS Developer Posts: 399   +17

    That's the second biggest quarterly earnings reports of all time in the US (http://en.wikipedia.org/wiki/List_of_largest_corporate_profits_and_losses#Largest_Corporate_Quarterly_Earnings_of_All_Time) and the only non oil and gas company in the top 10.

    Verizon also reported that 55% of all of their smartphones sold in the last quarter are iPhones.

    Apple has really accomplished something impressive in the last decade and I really don't see them going down anytime soon, this year we are supposed to see the releases of the iPad 3, iPhone 5, expansion of the Macbook Air line and maybe a TV from Apple. I would say it is a pretty safe bet to say next year's quarters will be better than 2011's. Last year, they sold more iPhones than every year before that combined.
  3. Burty117

    Burty117 TechSpot Chancellor Posts: 2,496   +304

    I cannot wait for the next iPad if the screen resolution rumors are true, Apple are doing rather well at the moment and would hate to see them slow down.
  4. MilwaukeeMike

    MilwaukeeMike TS Evangelist Posts: 2,069   +704

    I still don't understand how a company that sells such an expensive luxury good like the iphone can do so well when the economy is slow.

    Do we have our priorities messed up and we're buying iphones when we shouldn't be?
    Maybe the middle class isn't that poor?
    Or maybe that top 1% bought a few thousand iphones each.

    it sure does make me sick of listning to Occupy protesters though. I have trouble believing things are that bad when we all have iphones.
  5. milwaukeemike- I think the numbers are world wide.

    I still don't quite understand why people are willing to shell out so much money for phones and entertainment devices. The phone then leads to expensive data plans.
  6. Julio Franco

    Julio Franco TechSpot Editor Posts: 6,535   +318

    Impressive blowout quarter by Apple, no second guessing that. As for iPhone sales, think of it in terms of today's smartphones replacing any and all kinds of digital assistants, people upgrading their feature phones, and even delaying a laptop purchase because they can get great connectivity and get stuff done using their handheld device. Apple just happens to be selling the most popular device in this category, same with music players and tablets.
  7. slh28

    slh28 TechSpot Paladin Posts: 1,925   +170

  8. RH00D

    RH00D TS Addict Posts: 406   +105

    Steve Jobs was one hell of a business man that's for sure. To take a company that was on it's death bed to this, in ~15 years is undeniably impressive.

    What I don't really understand is why so many people are buying iPhones, for that matter, why so many people are buying smartphones in general. I just can't bring myself to buy a smartphone when I can buy a fully featured, can-do-everything-you'd-want-it-to desktop or laptop, without carrier's absurd data plans and contracts.

    I see a smartphone to a PC the same way I see a console to a gaming PC. The PC always makes more sense to me in both scenarios. Anybody share the same thoughts with this last paragraph?
  9. You can make tons of money selling a product at a huge markup. WOW! That is brilliant on how Apple does that.
  10. Rhood:

    I kind of see it that way too, but it is hard to lug a desktop or even a laptop around. I could not see using a smartphone for any length of time the screen is to small.

    But it is useful for somethings. Like GPS to find your way or taking a quick photo, oh and I almost forgot, calling someone.

    Way to expensive for what you get or actually use.
  11. H3llion

    H3llion TechSpot Paladin Posts: 969   +99

    100% agree, well said!

    The price is, what it is since its fairly "new" tech, touch screen and all that gimmicks. If I had the money, sure id buy iPhone but other then that id rather have a PC which can do alot more then a smartphone and to call someone id have some mediocore phone.

    In todays age, kids tend to show off their super phones, get new ones every few months to show how "cool" they are :S
     
  12. NTAPRO

    NTAPRO TS Enthusiast Posts: 810   +91

    I think people do it because they can. They may or may not regret it but that's just what I think xD
  13. Another news around the world:
    Foxcon trying to stop MULTIPLE SUICIDE' s of their workers after the record quarter from APPLE news


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