Apple had a SPECTACULAR quarter
Apple yesterday announced its Q1 2012 results.
They reported $11.6 billion in profit from $39.2 billion revenue — an increase from the $5.99 billion profit and $24.67 billion revenue reported in Q1 2011.
They sold 35.1 million iPhones this quarter. That was an 88 percent increase over the 18.65 million sold in Q2 2011.
Oh and by the way, Apple also sold 11.8 million iPads this quarter too.
To top this off, they now have $110 billion in liquid cash on their balance sheet.
It’s not even fair…
Here are the numbers