Apple sold 35.1m iPhones in Q1 | Mobile Devices | Mobile Entertainment

Apple sold 35.1m iPhones in Q1

Apple sold 35.1m iPhones in Q1
Tim Green

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Devices / iPhone / April 25th 2012 at 12:27PM

Up 88 per cent year on year to drive quarterly profit to $11.6 billion.

When will it ever end? Well, it has to at some point. But until then the Apple money machine just keeps on rolling.

Its new financials are amazing - revenues at $$39.2 billion, compared to US$24.7 billion a year ago,  with profits nearly doubled to $11.6 billion, compared to US$6 billion last year.

In addition to those iPhone sales, Apple sold 11.8 million iPads during the quarter, a 151 per cent year on year rise. It also sold 4m Macs and 7.7 million iPods. And guess what? Its iPod sales were actually down 15 per cent unit on the year-ago quarter.

Overall, that makes 365m iOS devices since the launch of the first iPhone in 2007, including 67m iPads.

Apple also confirmed its app store now has more than 600k apps available, and that theiTunes Store as a whole generated $1.9bn in revenue last quarter.

"Our record March quarter results drove $14 billion in cash flow from operations," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68."