Apple announced its financial results for its fiscal first quarter of 2014, which equals the final quarter of the 2013 calendar year that ended Dec. 31. The press release states that for the quarter, 51 million iPhones and 26 million iPads were sold worldwide, compared to 47.8 million iPhones and 22.9 million iPads sold in the same period a year ago.
Apple"s press release also said that 4.6 million Mac computers were sold for the quarter, compared to 4.1 million for the same period a year ago. Overall, Apple brought in revenues of $57.6 billion for the quarter, compared to $54.5 billion for the same period a year ago. Net income was recorded as $13.1 billion, compared to $13.06 billion as year ago.
Even though the iPhone and iPad sales reached new records for Apple last quarter, the company"s stock price is going down in after-hours trading today due to the results not meeting the expectations of most financial analysts. Apple also said that it expected revenues for its second fiscal quarter of 2014 to come in between $42 billion and $44 billion. If that indeed is the case it"s possible the revenue number could be lower compared to the $43.6 billion Apple recorded in the same quarter a year ago.
Source: Apple | Apple store image via Shutterstock