Another financial quarter, another impressive earnings statement from Apple, with the company revealing it sold more iPhones and iPads in the last 3 months bringing the total tally of iOS devices now sold to over 365m.
But the results show America is no longer the main market for the company to generate its earnings. International sales now accounting for 64 per cent of the company’s revenue.
In the quarter Apple sold 35.1 million iPhones, 11.8 million iPads, 4 million Macs, and 7.7 million iPods.
Apple says that’s an 88 percent unit growth over the year-ago quarter for the iPhone and a 151 percent unit increase over the year-ago quarter for the iPad, however it is worth adding the iPad 2 didn’t go on sale in the US until mid-March or the UK and 24 other countries until the end of the quarter in 2011 and that the roll out in the US and internationally of the “new iPad” although also in March happened a lot quicker.
While Apple’s figures show an impressive increase over the same quarter last year, sales of all its devices have also dropped compared to the previous quarter; the 90 days before Christmas as the pre-Christmas spending spree slows down despite the company launching a new iPad.
The previous 90 days figures were 37.04 million iPhones, 15.43 million iPads, 5.2 million Macs, and 15.4 million iPods.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “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.”
With over $110bn in cash reserves, the Company showed quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion with international sales accounting for around 64 percent of the quarter’s revenue as the company continues its thrust into territories like China.