Archive for ‘Company Profile & Earnings’

January 28, 2012

Apple’s Best Quarter yet!

 BY THE APPLE GIRL

This week Apple announced its best quarter in the history of the company. The fourth calendar quarter of 2011 showed a $46.33 billion dollar revenue and net quarterly profit of $13.06 billion. Gross margin was 44.7 percent compared to 38.5 percent a year ago and international sales accounted for 58 percent of the quarter’s revenue. Apple single-handedly erased  a drop in S&P’s 500 Index earning for the December quarter turning a 4.2 percent decline to a 4.4 percent gain.

To put it in perspective, for the same quarter, Samsung posted $42 billion in sales and a $4.7 billion operating profit – Samsung mobile contributed to 40 percent of the company sales. Again for the same quarter, Motorola reported a net revenue of $3.4 Billion and a net loss of $80 Million (Google acquired Motorola Mobility last year for $12.5 Billion in cash! Ouch!)

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