Apple reports first-quarter profit of $6 billion

19.01.2011
Apple on Tuesday reported record revenue of US$26.74 billion for its first fiscal quarter, driven by sales of iPhones, Macs and iPads.

Revenue was up 71 percent from the same quarter a year earlier, while profits were up 78 percent to $6 billion, or $6.43 per diluted share, Apple said.

The company sold 4.13 million Macs during the quarter,, up 23 percent year over year. IPhone sales continued at a healthy clip, improving by 86 percent over last year to 16.24 million.

Apple sold 7.33 million iPads during the quarter,

In a statement, CEO Steve Jobs called the holiday quarter "phenomenal," with record Mac, iPhone and iPad sales.

The tablet market has belonged to Apple, but that could change as new tablets running the Android OS hit the market. According to IDC, Apple had an 87.4 percent share of the worldwide market in the third quarter, the most recent that IDC has accounted for. However, growth this year and beyond will come from devices based on Android and other OSes, IDC said.