This is just in! Looks like Apple is still the bomb in the technology arena after releasing its second quarter economic numbers. The huge number: 35.1 million iPhones sold throughout the first quarter of this year! To think that analysts expected it to sell only 30.5 million iPhones! The organization reportedly doubled its profit to a whopping $11.62 billion, with nearly a 60 percent income jump to $39.19 billion! Along with large year-over-year improvement of the iPhone sales, iPad and Mac sales also elevated by 188 percent and 7 percent respectively. Nonetheless, the iPod didn’t fare so effectively and sales are down 15 percent more than last year’s quarter.
In comparison to earlier records, these numbers are actually down from the first quarter’s earth shattering results. In that period the tech giant succeeded in selling an iPhone to fans in the amount of 37.04 million units. For iPads it was 15.43 million, and 5.2 million for Mac computers. But these results are said to have been bigger because of the holiday sales (which were included in the first quarter results).
An additional aspect that might have pushed iPhone to its glory was Apple’s concept of keeping up with all the trends of spreading out to the world. In Asia, and most certainly in China, iPhone sales accounted for a lot in the income growth. Apple even reported that selling an iPhone in Greater China, which included Hong Kong and Taiwan, had been a great decision for the company because it tripled the sales of a year ago and accounted for 20 percent of Apple's income. Also, the worldwide Apple phenomenon is proven to still be intact with 64 percent of the second quarter’s sales attributed to international transactions.
Still, the numbers are in sync with analyst’s predictions. Most of the tech company’s investors hadn't expected such a huge amount of money, because they initially thought that the telephone businesses had been holding back on subsidizing and selling an iPhone. Apple’s two best selling items, the iPhone as well as the iPad, went down only 5.3 percent and 23 percent respectively.
Also in great decline and stagnation are the iPod sales, which happen to be slowly going downhill since 2008. But that decline is tempered by the elevated typical selling cost of iPod units. The second quarter witnessed a 7.7 million units sold where the iPod touch accounted for half of all iPod sales. It saw a 15 percent decrease but still has the 70 percent market share for all media players in the world. Meanwhile, the iTunes and App Store are still flourishing with more than 28 million songs and 600,000 apps available, respectively. This catapulted the iTunes store to rake $1.9 billion in sales which is 30 percent higher compared to the previous years.
For the third fiscal quarter (which ends in June) Apple is expecting income of $34 billion. Each figure is nicely beneath financial analyst expectations for the third quarter, but then again, the organization is renowned for typically low-balling its forecasts. Whether or not they low-ball their predictions, it is imminent that people still look up to their products as such a big bang for their buck that they even sell iPhone for cash these days to get new Apple stuff!