Apple's iPhone, Mac and iPad Sales Break Records

By CIOinsight  |  Posted 01-19-2011

Apple announced record sales of iPads, iPhones and Macs, as well as its highest-ever earnings and revenue, during a Jan. 18 conference call announcing the results of its fiscal 2011 first quarter, which closed Christmas Day. Net profit during the quarter was $6 billion, or $6.43 per diluted share, on revenue of $26.74 billion.

"We had a phenomenal holiday quarter," Apple CEO Steve Jobs said in a statement released in advance of the call. "We are firing on all cylinders, and we've got some exciting things in the pipeline for this year, including iPhone 4 on Verizon, which customers can't wait to get their hands on."

The industry was also anxious to hear if there would be news of Jobs, who Jan. 17 announced he would be taking a medical leave -- his third -- to "focus on his health." Jobs battled pancreatic cancer in 2004 and underwent a liver transplant in 2009.

However, Apple didn't discuss Jobs' health during the call, and Jobs made no surprise appearance, as he did during last quarter's call. However, when asked how far in advance Apple's planned road map extends, COO Tim Cook, who will take over the day-to-day operations of Apple in Jobs' absence, declined to answer -- "That's part of the magic of Apple, and I don't want anyone to know our magic, because I don't want anyone copying it," Cook said -- but offered a comment about his confidence in Apple that seemed, perhaps, to more exactly address how well Apple will be able to get by in Jobs' absence.

For more, read the eWeek article: Apple iPad, iPhone, Mac Sales Break Records During Q1.