With the constant talk of 'profit warnings' and redundancies it's great to hear when companies are doing well, and it seems that when it comes to profits and sales Apple is a dependable source for good news.
In Apples first recording period after Steve Jobs death they have announced record sales for the iPhone, iPad and Mac. Talking in terms of percentages, sales of the iPhone were up 128% over the same period last year and iPad sales were up 111%. Translating that in to real numbers, in the final quarter of 2011 Apple sold:
37 million iPhones
15.4 million iPads
5.2 million Macs
It's not just sales that are up, as you would expect the quarter’s revenue of $46.3 billion has increased Apples net profit to $13 billion in the last quarter of 2011 – an increase of $7 billion compared to the same quarter a year ago. This brings the estimated balance of Apples bank account to $98 billion - nice!
With the widely anticipated launch of the iPad 3 in early 2012, and the launch of the iPhone 5 rumoured to be at some point in the year it’s difficult to see how the outlook for Apple could look any more positive.
This isn't ...