Apple reports record-breaking quarterly revenue of $54.5B and $13.1B in profit for Q1 2013
In a record-breaking quarter, Apple announced today it has sold 47.8 million iPhones, 22.9 million iPads and 12.7 million iPods, breaking sales records for both iPhone and iPad and iPad and have sold half a billion iOS devices to date. Overall, the company reported $54.5 billion in revenue, good for net profits of $13.1 billion during Q1 2013.
Overall, revenues were up 51.4 percent over the previous quarter’s sales of $36.0 billion, and 17.7 percent year-over-year.
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