Financial Results

Apple Q1 2012 results: $46.33 billion in revenue, 37.04 million iPhones, 15.43 million iPads, 15.4 million iPods

By Rene Ritchie, Tuesday, Jan 24, 2012 a 4:54 pm

Apple has just announced another record breaking quarter, coming off the holidays with $46.33 billion in revenue, $13.06 billion in net profit, and a whopping 37.04 million iPhones, 15.43 million iPads, and 15.4 million iPods sold.

Verizon releases Q4 results, revenues up 7.7%, subscribers up 1.5 million

By Rene Ritchie, Tuesday, Jan 24, 2012 a 9:51 am

Verizon has released their Q4 2011 financial results and they seem to have done fairly well for themselves -- 18.3 billion in gross profits, up 7.7%. Wireless revenue was up 13% with data revenue up 19.2%. (That's why carriers want iPhones on their network.)

Verizon activated 2 million iPhone 4 handsets last quarter

By Rene Ritchie, Friday, Oct 21, 2011 a 11:09 am

Verizon has announced their Q3 2011 results and in the accompanying conference call revealed that they sold 2 million iPhone 4 handsets last quarter. As to iPhone 4S, unlike AT&T, who've already boasted about a million activations, Verizon offered only:

On Oct. 14, the Apple iPhone 4S became available on the Verizon Wireless 3G network.

This quarter should be interesting.

Apple reports Q4 2011 financial results, 17.7 million iPhones, 11.2 million iPads, 6.62 million iPods, $6.62 billion in profits

By Rene Ritchie, Tuesday, Oct 18, 2011 a 4:42 pm

Apple today announced their Q4 2011 financial results, including 17.7 million iPhones, 11.2 million iPads, 6.62 million iPods, $6.62 billion in profits. Unfortunately for Apple's stock in after-hours trading, that's below expectations -- the first time Apple hasn't exceeded expectations since Q2 2002.

“We are thrilled with the very strong finish of an outstanding fiscal 2011, growing annual revenue to $108 billion and growing earnings to $26 billion,” said Tim Cook, Apple’s CEO. “Customer response to iPhone 4S has been fantastic, we have strong momentum going into the holiday season, and we remain really enthusiastic about our product pipeline.”

Verizon Q2 2011 results: 2.3 million iPhones activated

By Rene Ritchie, Friday, Jul 22, 2011 a 4:36 pm

Verizon has now joined Apple and AT&T in reporting their quarterly earnings, and the big news for us is that they activated 2.3 million iPhone 4 devices. That's up from last quarter, but perhaps not as many as expected.

In the follow up, new Verizon CEO Lowell McAdam acted shocked -- shocked we tell you -- that there was no iPhone 5 this summer. He, like the rest of us, expect it this fall. Given Verizon only launched iPhone 4 in February, over a half-a-year later than AT&T, it's hard to believe they were completely out of the loop on Apple's roadmap this time around.

AT&T Q2 2011 results: 3.6 million iPhones activated

By Rene Ritchie, Thursday, Jul 21, 2011 a 10:47 am

AT&T announced their Q2 2011 financial results today and they include 3.6 million iPhone activations, with 24% of subscribers being new to AT&T.

Apple Q2 2011: 18.65 million iPhones, 9.02 iPods, 4.69 million iPads

By Rene Ritchie, Wednesday, Apr 20, 2011 a 4:57 pm

Apple today reported their Q2 2011 results, which included 18.65 million iPhones, 9.02 iPods, 4.69 million iPads sold during the quarter. Revenue was $24.67 and profits $5.99 billion.

“With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” said Steve Jobs, Apple’s CEO. “We will continue to innovate on all fronts throughout the remainder of the year.”

AT&T activated 4.1 million iPhones last quarter

By Rene Ritchie, Thursday, Jan 27, 2011 a 8:45 am

AT&T has just reported their Q4 2010 financial results and it included another 4.1 million iPhone activations.

More than 7.4 million postpaid integrated devices were sold in the fourth quarter, including the second-largest quarterly number of upgrades in the company's history. Integrated device sales included 4.1 million iPhone activations. More than 80 percent of postpaid sales were integrated devices. (Integrated devices are handsets with QWERTY or virtual keyboards in addition to voice functionality and are a key driver of wireless data usage.)

Apple sells 16.24 million iPhones, 7.33 million iPads, 9.75 million iPod touches, $26.74 billion in revenue

By Rene Ritchie, Tuesday, Jan 18, 2011 a 4:55 pm

Apple has just reported their Q1 2011 financial results -- the always lucrative holiday quarter -- and they don't disappoint: 16.24 million iPhones, 7.33 million iPads, 19.45 million iPods, $26.74 billion in revenue.

“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.”

Their conference call will be starting soon and we'll post up any and all iPhone, iPod touch, iPad, Apple TV, and other news as it comes in.

Apple posts higher revenue than Microsoft

By Rene Ritchie, Thursday, Oct 28, 2010 a 11:08 pm

Apple earned more revenue this quarter than their ancient frenemy, Microsoft. Roughly $20 billion to $16 billion, or $4 billion more. Not too long ago they passed Microsoft in market cap as well, another impressive sounding, if not terribly meaningful measure. Microsoft still leads in revenue due to their software-centric business being much higher margin than Apple's hardware-heavy mix. But that too could and just might change as well.

Apple, thanks to the Apple II, got off to an impressive lead in the early days of command line personal computing. But things changed. Apple squandered the Mac's first mover advantage and Microsoft and Windows ended up ruling the graphical user interface world. Now things are changing again. And that's where it gets interesting.