iLounge

Reporting its first quarter 2013 financial results today, Apple said it sold 47.8 million iPhones in the quarter, a 29 percent increase year-over-year, and up considerably from 26.9 million units in the prior quarter. Apple sold 22.9 million iPads during the quarter, up 49 percent from the year-ago quarter and up 8.9 million units in the fourth quarter of 2012. Finally, the company said it sold 12.7 million iPods during the quarter — an 18 percent decrease compared to the same quarter last year. Unit sales of iPhones, iPads, and iPods bring the cumulative totals for the three device categories to 318.8 million, 120.98 million, and 369.08 million, respectively.

In what the company says was its best quarter ever for both revenues and net profits, Apple posted revenue of $54.45 billion and net quarterly profit of $13.1 billion, or $13.81 per diluted share, compared with revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share in Q1 2012. Revenue from iTunes/Software/Services—previously known as Other Music Related Products and Services—which includes revenue from the iTunes Store, App Store, and iBookstore, was $3.687 billion for the quarter, up 22 percent year-over-year and 5 percent from the prior quarter. It is being separated from revenues from Apple-branded and third-party iPod accessories, which accounted for $1.829 billion in the quarter, up 25% year over year and 46% over the prior quarter. Apple’s Board of Directors also declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on February 14, 2013, to shareholders of record as of the close of business on February 11, 2013.

“We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO, suggesting that the company sold at least 4.3 million iPod touches in addition to the quarter’s 70.7 million iPads and iPhones. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

“We’re pleased to have generated over $23 billion in cash flow from operations during the quarter,” said Peter Oppenheimer, Apple’s CFO. “We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple’s highest quarterly revenue ever.