Apple earned $6 billion on revenues of $26.74 billion during its first quarter of 2011...and the iPhone isn't even on sale from Verizon yet.
Apple has posted its financial results for its first fiscal quarter of 2011, which includes the end-of-year 2010 holiday season, and the figures are stunning: the company had record revenue of $26.74 billion for the quarter and earned a record $6 billion for the quarter. Year-on-year, the figures represent a 71 percent growth in revenue and a 78 percent growth in earnings, and sales of almost everything—from iPhones to iPads to the venerable Macintosh—were up. The sole unsurprising exception: iPods, which saw their sales down 7 percent compared to a year ago.“We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Apple CEO Steve Jobs, in a statement. “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.”
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