Today Apple posted their earnings for the fourth quarter of 2011, and things are looking good! Apple reported $28.27 billion in revenue and a net profit of $6.62 billion for quarter four of the 2011 fiscal year!
With over 17.07 million iPhones, 11.12 million iPads, 6.62 million iPods and 4.89 million Macs sold in quarter four, Apple has broken $100 billion in revenue for the 2011 fiscal year.
Check out other figures that were factored into Apple’s financial report and their full press release after the jump:
- $28.7 billion in Q4 revenue
- $6.62 billion in Q4 net profit
- $7.05 per diluted share
- 17.1 million iPhones sold in Q4
- 11.12 million iPads sold in Q4
- 6.6 million iPod sales sold in Q4
- 18 billion App Store downloads
- 180 million iBookstore downloads
- 4.89 million Macs sold in Q4
- 6 million Lion downloads, since its release this summer
- $10.7 million average revenue per Apple Store
- $108 billion in revenue for fiscal year, 66% growth over FY10
- 77.5 million Apple Store visits in Q4
- 16% of Apple’s revenue came from China
- 500,000 apps available on the App Store, available in 23 countries
- Apple has $81.6 billion cash available
- 13% of Apple’s revenue from retail
- iPhone sales up 21% year over year
- 93% of Fortune 500 deploying or testing iPhones
- Apple set a $37 billion guidance for fiscal Q1 (holiday)
- 16 billion songs downloaded from iTunes
- 25 million iOS device sold in Q4
- iPad 2 available in 90 countries
- 357 Apple Stores world-wide
- $3.6 billion in revenue from Apple Stores
- iPod still has > 70% share in U.S. 10 years after introduced
- Apple plans to add 40 new Apple Stores next Q, 3/4 outside of U.S.
- All five stores combined in China have the most traffic
- iPhone 4S available in 7 countries, 22 more on their way
- 30 new Apple stores were added in Q4
Apple Reports Fourth Quarter Results
All-Time Record Mac and iPad Sales
Highest September Quarter Revenue and Earnings Ever
CUPERTINO, California—October 18, 2011—Apple® today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.
The Company sold 17.07 million iPhones in the quarter, representing 21 percent unit growth over the year-ago quarter. Apple sold 11.12 million iPads during the quarter, a 166 percent unit increase over the year-ago quarter. The Company sold 4.89 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 6.62 million iPods, a 27 percent unit decline from the year-ago quarter.
“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.”
“We are extremely pleased with our record September quarter revenue and earnings and with cash generation of $5.4 billion during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2012, which will span 14 weeks rather than 13, we expect revenue of about $37 billion and we expect diluted earnings per share of about $9.30.”
Apple will provide live streaming of its Q4 2011 financial results conference call beginning at 2:00 p.m. PDT on October 18, 2011 at www.apple.com/quicktime/qtv/earningsq411. This webcast will also be available for replay for approximately two weeks thereafter.
This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 25, 2010, its Forms 10-Q for the quarters ended December 25, 2010; March 26, 2011; and June 25, 2011; and its Form 10-K for the fiscal year ended September 24, 2011 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.
Stay tuned for more Apple related news!