8 Mind-Blowing Facts from Apple’s Q1 Earnings

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Eduardo Munoz / Reuters

Customers visit the newest Apple Store during its opening on the East Balcony in the main lobby of New York City's Grand Central Station December 9, 2011.

Apple set a tech industry record last quarter with $46.3 billion in sales. Turns out, most people don’t care about the iPhone 4S having the same shape as its predecessor and not being called an iPhone 5. They gobbled 37.04 million of those iPhones up anyway last quarter, along with 15.43 million iPads and 5.2 million Macs.

(MORE: Apple Reports Record Sales, Profit on Massive iPhone, iPad Sales)

Here are some other mind-blowing facts from Apple’s huge first quarter of its 2012 fiscal year:

  • Apple’s quarterly profits ($13.1 billion) alone are greater than Google’s revenue ($10.6 billion), Farhad Manjoo points out.
  • Apple sold more iPhones in 2011 than it did in 2007, 2008, 2009 and 2010 combined, Matt Richman notes.
  • CNN Money notesthat with a market cap of $400 billion, Apple is worth more than the gross domestic product of Greece.
  • As Jordan Golson points out, Apple’s iTunes Store alone generated 50 percent more revenue than Yahoo last quarter.
  • Apple now holds fourth place on the all-time list of largest corporate quarterly earnings — a list otherwise occupied entirely by oil and gas companies, TechCrunch’s MG Siegler points out.
  • Last quarter, Apple was nearly twice as profitable as Microsoft, which had a net income of $6.62 billion, Siegler also notes.
  • More than 86 million people have signed up for iCloud, which is greater than the combined population of the United States’ top 10 metro areas (70.44 million).
  • Apple’s $97.6 billion cash hoard is greater than the U.S. government’s operating cash balance of $85.7 billion.

(MORE: Top 10 Apple Moments)

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