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Apple Announces Q1 2013 Earnings

Apple have today like most companies announced the release of the earnings report for Q1 2013, which shows the company making $13.1 billion in profit, within which they sold 47.8 million iPhones, 22.9 million iPads, 12.7 million iPods and 4.1 million Macs.

This may seem like a lot, but remember that this also includes the Christmas season and actually the reports suggest that sales of the Mac and iPod have actually decreased substantially, in fact last quarter they sold 15.4 million iPods and 5.2 million Macs, compared to this quarters 12.7 and 4.1 million respectively.

Apple’s CEO, Tim Cook doesn’t seem fazed however, issuing the following statement,”We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” continuing to state, “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

Next quarter the company has predicted between $41 and $43 billion revenue, which does seem to be lowering the bar a little.

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About Nicholas Griffin

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Founder and Editor-in-chief of TechNutty UK, fan all things tech, gaming and otherwise interesting.

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