Apple Quartely Earnings – another good quarter
Posted on April 24, 2012
Apple has just released its Q1 figures. Here are the highlights (via Business Insider):
- 35 million iPhones shipped versus 32 million expected
11.8 million iPads shipped versus 13 million expected
4 million Macs shipped versus 4.4 million expected
Revenue above expectations: $39.2 billion versus $36.81 billion expected
This is a good solid quarter for Apple, showing good growth, especially in the smartphone business. Interesting miss with the iPad. I doubt this is due to competition, but due to market demand; which will be an interesting avenue to examine over the next few days.