Monday, January 27, 2014

Apple reports $57.6B revenue for Q1 2014: 51M iPhones, 26m iPads, 4.8m Macs

1:34 PM

AAPL Company

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As expected, Apple just announced its fiscal year 2014 first quarter results for the all-important holiday quarter. It’s Q3 report only included less than a month of sales for the new iPhone 5s, 5c and revamped MacBooks, making today’s report the first to include a full three-month period of sales for the new devices on top of the expected boost in revenue leading into the holidays. It’s also the first report since Apple shipped the new Retina iPad mini, iPad Air, and Mac Pro.


Apple reported revenue of $57.6 billion, which compares to its guidance for the quarter of $55-$58B and estimates by analysts averaging approximately $58.1B. In the year ago quarter for Q1 2013, Apple reported revenue of $54.5 billion.


Break down of device sales for Q1 2014 include 51 million iPhones, 26 million iPads, XX million iPods, 4.8 million Macs. Prior to today’s report the consensus from an average of analyst estimates predicted Apple would sell approximately 55M iPhones, 25M iPhones, and 4.6M Macs.


Apple executives will be holding a conference all at 2:00 p.m. PST/5:00 p.m. EST to discuss the results of its FY14 first quarter report and likely take questions from press.




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via Gsm Apple reports $57.6B revenue for Q1 2014: 51M iPhones, 26m iPads, 4.8m Macs

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