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Apple sells more than 40 million iPhones and iPads in record quarter


News by Andrew Kameka on Thursday October 25, 2012.

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Apple recently announced that it had sold more than 5 million units of the iPhone 5, but that was just the tip of the iceberg based on the fourth quarter earnings report the company just released. Apple announced global sales of more than 26.9 million iPhones - including the iPhone 4S and iPhone 4 models - and 14 million iPads last quarter. That's more than 58 percent and 26 percent unit growth compared to iPhone and iPad sales during the same period last year.

Strong sales led to $8.2 billion in profit on revenue of $36 billion, an increase of the $6.6 billion profit on $28.3 billion in revenue reported last year. Apple's profits also include sales of its iPods, Mac computers, software, and retail sales, but mobile devices were the driving force of profits. Apple saw only a 1 percent increase in Mac sales compared to the same period last year, and the 5.3 million iPods sales total is actually a 19 percent decline. The company also says that 60 percent of revenues are from international sales.

source: Apple

 
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Andrew Kameka
Andrew is based in Miami, Florida.

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