Apple announced their first results in 2011 for the quarter ended 25 December 2010 and it looks like they had a great Christmas with bumper revenues of $26.74 billion and record net quarterly profit of $6 billion, that’s up from revenues of $15.68 billion and net quarterly profit of $3.38 billion in the same quarter a year ago.
During the quarter Apple sold 16.24 million iPhones, representing 86% unit growth over the previous year and a bumper 7.33 million iPads up from 4.18m in the previous quarter and a 75% increase. The quarter also saw revenues from iPhones topping $10 billion for the first time ($10.47 in fact), and iPad revenues hit $4.61 billion, making a combined revenue of over $15 billion or 56% of Apples total revenues comes from iPhones and iPads, compared to just $5.43 billion from it’s desktop and laptops, or just slightly over 20% of it’s total revenues.
“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales”, said Steve Jobs, Apple’s CEO. “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”.
If you want to enjoy the fun there’s a copy of the financial results conference call at www.apple.com/quicktime/qtv/earningsq111 and it will be available for replay for approximately the next two weeks.
Apple have already started to countdown to the 10 millionth app download on the iTunes pages, it’s currently around 9,906 million and at the current rate it should hit 10 billion around… well if we knew then we wouldn’t tell you as Apple are running a competition and the winner gets $10,000 to spend on iTunes.[ad name=”Google Text half banner advert “]