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Apple iPhone Sales Show No Sign Of Slowing Down

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Apple iPhone iPad iPod Touch
Sales of iPhones exceeded expectations in the first three months of the year 


Apple has continued to shift massive numbers of its mobile gadgets. Reporting on its results for the first quarter of the year, Apple revealed that it sold 35.1m iPhones and 11.8m iPads.

Compared to the first three months of 2011, that’s a rise of 88 percent for the iPhone and 151 percent for iPads.

The post-Christmas period saw the launch of the third generation iPad, which had a quicker roll out in key countries around the world than the iPad 2 and may account for most of the increase for that product line.
Apple iPhone iPad iPod Touch
The iPad figures were actually slightly lower than Wall Street analysts had predicted. The iPhone sales, however, went beyond what the bean counters had thought. The iPhone remains a huge cash cow for Apple, representing half of its income.

Although no longer the biggest sellers for Apple, it also sold 4m Macs and 7.7m iPods in the quarter.

Apple says that international (that is, non US) sales now represent almost two thirds of its revenue, suggesting that on its home turf, the company is close to saturation point with its products. That trend is set to continue, with Apple eyeing up further expansion in the lucrative Chinese consumer market, among others.

For those interested in the financial stats, Apple’s quarterly revenue was $39.2 billion and it posted a quarterly net profit of $11.6 billion. This means the tech giant now has an eye-watering $110bn in cash reserves.

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