Apple’s Q1 2013 Results Out Now – $54.5B Revenue, $13.1B Profit

apple stockApple today announced Q1 2013 results during an earnings call and the results are stunning. Although every industry pundit along with the Wall Street estimated crazy figures, what Apple has reported today is good, but not great. An astonishing $54.5 billion in revenue and quarterly profits of $13.1 billion and earnings of $13.81 per share.

“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 CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

Apple’s stock price dipped till $500 per share, but is now currently trading at $514.01.

Apple sold 12.7 million iPods, 47.8 million iPhones, and 22.9 million iPads. Apple’s Mac sales are down 21% year-over-year and 16% for the quarter. 4.1 million Macs were sold in Q1 2013.