Apple posts record breaking financial results for Q1, 2013

24 January, 2013
The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion.

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  • Grimlock

> In reply to Roy @ 2013-01-26 01:37 from XNtq - click to readYeah, the media is very good at making people believe certain things. But not me. I like to dig deeper and look at the facts. B/c we all know that the media usually only report what they please.

  • Reply
  • 2013-01-26 03:42
  • dZwr
  • Roy

> In reply to Grimlock @ 2013-01-26 00:03 from Jaft - click to readWell its a report published on msn and thats what astounds me that how the media influences people to believe in anything they print. where is the transperacy my friend. its more like advertising bullshit to the consumers thay sell the products to and then they call it customer service which is utter crap.

  • Reply
  • 2013-01-26 01:37
  • XNtq
  • Roy

> In reply to Anonymous @ 2013-01-25 05:21 from PGXj - click to readbut dont you think think we all are paying too much for what its worth. i know that none of the companies have forced us but i guess u havent read my complete post and thats why you are going bonkers. please wake up as a consumer and stop giving excessive profits to companies who dont even give you of half of what its worth.

  • Reply
  • 2013-01-26 01:32
  • XNtq
  • Grimlock

> In reply to Roy @ 2013-01-25 03:52 from XNtq - click to read"Apple is still the world's most valuable company, a position it's held for more than a year. It's now worth just 3.5% more than No 2 Exxon Mobil Corp, however."

Actually, that's no longer true. Exxon mobile has now officially passed APPL to become "the most most valuable" company.

  • Reply
  • 2013-01-26 00:03
  • Jaft
  • Samsung Fan's Boy

> In reply to joonius @ 2013-01-24 20:57 from qbYR - click to readLOL...Are u try to compare your samsung s2 with apple product?? Hahahahah ...dont make me laugh please ... Aiya u can get jelly bean so what ...other manufacture already get the jelly bean since ......last year ?? LOL what a joke

  • Reply
  • 2013-01-25 09:11
  • KxWu
  • Smasher

> In reply to brynn @ 2013-01-24 20:24 from nFWn - click to readvery true.all apple devices are overpriced though they are nice.

  • Reply
  • 2013-01-25 07:37
  • YTFm
  • Anonymous

> In reply to [deleted post]Marketing gimmick? Samsung's marketing budget is triple that of Apples. Samsung fanboys have just fallen for the extensive marketing so they worship everything Samsung.

  • Reply
  • 2013-01-25 07:10
  • j@}2
  • Kalk

Breaking financial results? So, how you explain this?
AAPL down 12,35% http://finance.yahoo.com/q?s=AAPL

  • Reply
  • 2013-01-25 06:07
  • J8Jg
  • ideceiver

Ouch

Apple, Inc.(NQ: AAPL)
450.50 USD -63.50 (-12.35%)
Updated: 8:10 PM EST, Jan 24, 2013

slicing more than $50 billion from the company's market value

  • Reply
  • 2013-01-25 05:33
  • ALK$
  • Anonymous

> In reply to Roy @ 2013-01-25 04:38 from XNtq - click to readNo one force you to buy apple products.. Apple does not force anyone to buy their products. There is no advertisement on apple products on the tv.

Apple put up their price, consumer who thinks it is worth it would willingly pay the price.. perfectly legal here..

In consumers eyes.. specs means nothing. Its how the device 's feature can benefit one's lifestyle and usage. Specs only matters when comparing similar OS..

You can cry fowl for the high price.. but no way to sue them for the price they set.

  • Reply
  • 2013-01-25 05:21
  • PGXj
  • Roy

> In reply to [deleted post]People should realise we are living in a world of high costs and created by whom. the same high piced companies like apple. whats the piont of paying such a high price for an i fone 5 when the total cost of manufacturing it in china is just $5. wake up people apple is making profits at whos cost and who do u think is earning out of it. the fact is people overseas especially usa cant afford these devices. ask me they all take it from network providers with mobile payment plans(mpp). we barely come across a person or 2 in a month to buy the handset outright only if it isnt availble at a dealer or the price is high and that too they will bargain with us. a samsung/nokia/htc or any other company is cheaper not coz their build quality is cheaper but coz they know how to make profits. they are smarter than apple atleast. the only thing i like about any of their fones is the touch on the screen. nothing is great or breath taking in comparison to any other fone in the market. so whats the point of such a high priced device where i can buy atleast 2 samsungs in the price of 1 i fone 5. lets be practical people and sue all high cost manufacturers rather than taking sides. lets make things more affordable then we will see true competition coz at persent it is just a competition of price, profits and nos. lets make it a fair game for all manufacturers where they innovate and let the device do the talking.

  • Reply
  • 2013-01-25 04:38
  • XNtq
  • Roy

Apple shares have plunged after the company reported quarterly results that point to growth slowing after five fat years.

The stock was down 53.55 US dollars (£33.93) or 10%, at 460.46 dollars (£291.79) in midday trading.

Apple is still the world's most valuable company, a position it's held for more than a year. It's now worth just 3.5% more than No 2 Exxon Mobil Corp, however.

Last night, Apple reported October-December earnings that were flat compared with the year before. Sales grew 18% from the year before, but the start-up of production lines for multiple new products like the iPhone 5 and iPad Mini held back profits.

Of more concern to investors is Apple sales growth forecast for the current quarter of around 7% - far from the 50-%-plus rate it's often hit in recent years.

Apple is usually cautious with its forecasts, but Chief Financial Officer Peter Oppenheimer indicated that it's moving toward providing more realistic figures from now on.

Analysts believe Apple is unable to fully capitalise on the global smartphone boom with just one new - and very expensive - phone model every year.

There has been speculation among company-watchers that Apple may launch a cheaper iPhone, or a premium model with a bigger screen, but CEO Tim Cook put a damper on those rumours in his comments on a conference call following the report.

Net income in the fiscal first quarter was 13.1 billion US dollars (£8.2 billion), or 13.81 US dollars (£8.70) per share.

Revenue was 54.5 billion US dollars (£34.4 billion), up 18% from a year ago. Analysts were expecting 55 billion US dollars (£34.7 billion).

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  • 2013-01-25 03:52
  • XNtq
  • Anonymous

awesome APPLE.. keep moving ahead. BEST OF LUCK...!!!

  • Reply
  • 2013-01-25 02:46
  • Sqj}
  • Not iii

I expected in Q1 2014
Apple will reach 62 or 64 Millions

And in Q1 2015
Apple will reach 78 or 80 Millions

No hard-feelings bro

  • Reply
  • 2013-01-25 00:28
  • vMeL
  • Duel

AT&T: Of 10.2 Million Smartphones Activated Last Quarter, 84% Were iPhones

84%!!!!!

  • Reply
  • 2013-01-24 23:41
  • p771
  • Anonymous

> In reply to Zanje @ 2013-01-24 19:32 from fu%U - click to readwell done apple. Intimating numbers to their enemies.

  • Reply
  • 2013-01-24 22:18
  • Rn6R
  • joonius

> In reply to Zanje @ 2013-01-24 19:32 from fu%U - click to readNever? lol. Getting jelly bean next month on S2.

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  • 2013-01-24 20:57
  • qbYR
  • brynn

Of course they have record profits when you charge that much for your devices,extra 100GBP per doubling of memory when it costs apple pennys,bloody rip off.apple are falling out of favour even tho fanboys wont believe it.

  • Reply
  • 2013-01-24 20:24
  • nFWn
  • Anonymous

Apple, Google, samsung, Nokia they're all making good profit. I guess we are paying too much for our smart phone :)

  • Reply
  • 2013-01-24 19:38
  • 8Ybe