Apple has just published its financial results for the final quarter of 2011 (its fiscal Q1). Sit down for this. The company generated revenues of $46.33bn and posted a net profit of $13.06bn. That’s up from $26.74bn and $6bn respectively this time last year.
The company says it sold 37.04m iPhones in the last quarter – up 128% year-on-year – and 15.43m iPads, up 111%. Apple also sold 15.4m iPods, down 21% year-on-year.
Apple generated more than $17.5bn in cash flow from operations in that last quarter alone. “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” says CEO Tim Cook in a statement. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
The company’s financial call with analysts is kicking off as we write: we’ll have more details for you in the morning.
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