Highlights from Apple’s first quarter conference call
Apple had a record quarter selling more than 37 million iPhones, 15.4 million iPads and 5.2 million Macs. The company reported a record 46.3 billion in revenue and 13.1 billion in net income.
Here are some highlights from the conference call.
- Apple ended the quarter with $97.6 billion in cash, an increase of $16 billion from the previous quarter.
- iPad is “extremely” popular with students and teachers. 1.5 million iPads already in use in education.
- More than 600,000 copies of iBooks Author have been downloaded since it was announced last week.
- More than 3 million downloads of the iTunes U application for iOS since last week.
- iCloud has more than 85 million customers.
- 550,000 applications available for iOS, including more than 170,000 for iPad.
- More than 140 million apps and content were downloaded on Christmas Day.
- The App Store has now paid out over $4 billion to developers.
- Apple TV is doing “very well,” said Tim Cook. Apple sold 2.8 million units sold last year, 1.4 million of those were sold last quarter.
- iPod unit sales were down 21 percent year over year, with a 26 percent decline in revenue. iPod U.S. market share remains over 70 percent.
- The iPod touch accounts for more than half of all iPod sales.
Find out more about Apple’s blow out quarter.
You can also listen to a replay of the conference call here.