Apple First Quarter 2012 Shows Impressive Growth!

Apple has posted impressive quarterly earnings for the 14-week period ending on December 31, 2011.

According to a press release, the company reported a quarterly revenue of $46.33 billion, as well as a quarterly net profit of $13.06 billion, or $13.87 per diluted share, the company's best quarterly results yet.

"These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter," per the release.

Apple sold an around 37.04 million iPhones, 15.43 million iPads and 5.3 million Macs during the quarter, which represent increases of 128 percent, 111 percent, and 26 percent from last year. That's 2m more phones sold than Samsung shipped last quarter.

In a statement accompanying the news, Apple CEO Tim Cook said, “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs..... Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

Read the original press release here!