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Apple 2013 Q1: Record $54.5B in Revenue, 47.8 Million iPhones Sold [Update]

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Apple has posted its 2013 first quarter earnings and has announced $54.5 billion in revenue (beating their own forecast of $52 billion) along with net profit of $13.1 billion. International sales accounted for 61% of their revenue. As for products sold, the numbers are below:

  • 47.8 million iPhones (a 23% increase; 37 million in the year ago quarter)
  • 22.9 million iPads (a 49% increase; 15.4 million in the year ago quarter)
  • 4.1 million Macs during the quarter (a 21% decrease; 5.2 million in the year ago quarter)
  • 12.7 million iPods sold (an 18% decrease; 15.4 million in the year ago quarter)

All-time record iPhone sales were achieved and iPad sales jumped by almost 50%, thanks in large part by the debut of the iPad mini.

“We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

“We’re pleased to have generated over $23 billion in cash flow from operations during the quarter,” said Peter Oppenheimer, Apple’s CFO. “We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple’s highest quarterly revenue ever.”

As for looking ahead to the Q2 2013 period, Apple is forecasting the following:

• revenue between $41 billion and $43 billion

• gross margin between 37.5 percent and 38.5 percent

• operating expenses between $3.8 billion and $3.9 billion

• other income/(expense) of $350 million

• tax rate of 26%

With all doom and gloom some analysts have been predicting, it appears Apple’s latest quarter was a blockbuster, even with one less week this quarter. The earnings call is coming shortly. We’ll update with more numbers below, stay tuned.

Update – Here are notable earnings call numbers:

  • 80,000 employees
  • over 500 million iOS devices sold; 10 sold every second during the quarter
  • 2 billion App Store downloads in December; 40 billion total cumulative downloads
  • 775,000 total apps; 300,000 of those are for the iPad
  • 500 million iTunes accounts
  • $7 billion paid to developers so far
  • 250 million iCloud accounts
  • iMessage: 2 billion messages sent per day
  • 121 million visitors to retail stores; 23,000 visitors per week
  • $137 billion in total cash
  • Game Center: over 200 million registered users
  • Notification Center: over 4 trillion push notifications
  • Apple TV sales eclipsed 2 million units sold; up 60% year over year

…more to come, refresh for updates

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