Apple quarterly earnings report, just how well did the iPhone 4S really do?

Posted on Jan 24 2012 - 5:03pm by Mike Wewerka

We know that the iPhone 4S has been selling like hot cakes since it was release in early October, but just how well? We’ve seen the lines outside of their stores, literally mobs of thousands in some locations (enough to warrant a mocking commercial from Samsung) and with news this morning from Verizon, that they’ve sold over 4 million alone, until now we had to guess just how well the “unchanged” iPhone 4S has done.

Today, Apple finally broke their silence during a quarterly earnings call where the Cupetino company announced their highest quarterly revenue and earnings ever, with the combined sales of their iPhone, iPad and Mac’s. Over the last 14 weeks, Apple saw record profits of $13 billion and revenue of $46.33 billion, that is nearly double (profits were more than doubled) what they made last year ($6 billion in profit and $26 in revenue). Obviously this makes Apple’s CEO Tim Cook very happy:

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

So what about the big money maker, the iPhone 4S, which many critics panned for being the same “old” iPhone 4 with just a performance upgrade? Well, that same “old” iPhone is mainly responsible for the 37.04 million iPhones sold in those last 14 weeks, that’s 128% growth over the same period last year. Apple also sold 15.43 million iPads during the same time, which resulted in a 111% growth over last year.

“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter”… said Peter Oppenheimer, Apple’s CFO.

I guess there is something to be said for a phone that has an amazing industrial design and is over a year old that only received a performance upgrade. Maybe customers really do just want a phone that is easy to use, feels great and “just works.”

Anyway you slice it, Apple fans or Android fans, 37 million phones sold in just 14 weeks is astounding, even more so when you consider it was merely a refresh and not a redesign. I really want to see what these numbers will be like next year when Apple has a completely redesigned iPhone with a larger display and LTE. Apple is on roll, now if they can just stop this patent trolling and play nice, we’d all be happy.