As everyone might know, Apple is one of the worlds biggest companies; selling millions of products every year. The March quarter seemed to be surprisingly successful; partly because the iPhone 4s and the new iPad were released. Here are some numbers for you:
Revenue - $39.2 billion
Net Profit - $24.7 billion
Gross Margin - 47.4% compared to last years 41.4%
35.1 million iPhones were sold in the first quarter, along with 11.8 million iPads, 4 million Macs and 7.7 million iPods. Those are big numbers! Apple have stores worldwide and if they continue making new astonishing products then there's no doubt that their sales will be much, much higher.
"We're thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter" Tim Cook, Apple's CEO stated. "The new iPad is off to a great start, and across the year you're going to see a lot more of the kind of innovation that only Apple can deliver." As the speech states, we will most definitely see a lot more of Apples innovation over the next couple of years, as the demand for high-tech gadgets increases. Apple will most certainly be the company to watch out for...
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