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Published on January 23rd, 2013 | by Gizmodo

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Apple Sold More iPhones and iPads Than It Ever Has, And Somehow That’s a …

Apple’s first quarter earnings are in. According to Bloomberg News, Apple made $13.1 billion in profit on $54.1 billion in revenue. It sold an absurd 47.8 million iPhones and 22.9 million iPads—both records

Apple Sold More iPhones and iPads Than It Ever Has, And Somehow That's a DisappointmentApple’s first quarter earnings are in. According to Bloomberg News, Apple made $13.1 billion in profit on $54.1 billion in revenue. It sold an absurd 47.8 million iPhones and 22.9 million iPads—both records. Somehow, this is a disappointment.

For reference, last year over the same period, Apple made a profit of $13.06 billion on $46.33 billion in revenue. It sold 37 million iPhones and 15 million iPads, both records at the time, and both obliterated by today’s results. (Though this year’s iPad figure likely includes the new iPad Mini; we’ll update as that’s made clear.) So profit is down, slightly, but this isn’t a case of Apple taking a dive so much as leveling off. It sold 833,333 iOS devices—iPhones, iPads, and iPods—PER DAY. Its on-hand cash (which you should note does not mean “immediately spendable) grew to $137 billion.

Apple’s earnings call is happening now and we’re listening in for anything interesting. [Bloomberg]

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Gizmodo is a technology weblog about consumer electronics. It is part of the Gawker Media network run by Nick Denton and is known for its up-to-date coverage of the technology industry, along with topics as broad as design, architecture, space, and science.



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