Apple reported earnings for first quarter of 2013, it posted a quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, Apple earned $10.09 per share on the revenue of $43.60 billion versus $12.30 a share on $39.19 billion a year earlier.
Apple sold 37.4 million iPhones in the quarter, compared with 35.1 million in the same period a year ago.Apple was sold 19.5 million iPads versus 11.9 million a year earlier.
“We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,” said Tim Cook, Apple’s CEO. “Our teams are hard at work on some amazing new hardware, software, and services and we are very excited about the products in our pipeline.”
Mac sales units were slightly lower, with 3.9 million units for the quarter versus four million units for the same period a year ago. iPod sales came in at 5.6 million units compared to 7.6 million units from the same period a year ago.
“Our cash generation remains very strong, with $12.5 billion in cash flow from operations during the quarter and an ending cash balance of $145 billion,” said Peter Oppenheimer, Apple’s CFO.