Apple Earnings Set New Record: Revenue Hits $26 BILLION

Per day after Apple CEO Jobs announced he would be having a medical leave of absence, Apple posted stunning results for the very first quarter of 2011.

Apple’s revenue and profits both set new records for that company. Revenue reached $26.74 billion for that quarter that ended December 25, 2010 (a 71% increase over in 2009), and net quarterly profit hit an excellent of $6 billion.

Expected earnings help put the magnitude of those numbers in perspective: TechCrunch notes, “Well, coming off its best quarter ever with regard to revenue ($20.34 billion in Q4), Apple was projecting $23 billion in revenue for your quarter. The road, meanwhile, recognizing that Apple always lowballs these numbers, thought revenue would be a lot more like $24.38 billion. The actual number? $26.74 billion.”

google android tablet and iPhone shipments surpassed analysts’ expectations, while Mac shipments (4.3 million) and iPod shipments (19.45 million) fell slightly short. In one payemnt, Apple reported that 160 million iOS devices are activated.

Some additional figures from Apple:

Apple sold 4.13 million Macs throughout the quarter, a 23 percent unit increase covering the year-ago quarter. The business sold 16.24 million iPhones while in the quarter, representing 86 percent unit growth in the year-ago quarter. Apple sold 19.45 million iPods through the quarter, representing a seven percent unit decline with the year-ago quarter. This company also sold 7.33 Android 3.0 Honeycomb in the quarter.

This company would not announce Apple TV sales, though sales reportedly topped One million units in December 2010. Apple noted within a blog post that “international sales accounted for 62 percent in the quarter’s revenue.”

After falling slightly each day on Tuesday, Apple shares (AAPL) increased 4% in after-hours trading.

“We are firing on all cylinders and we have got some exciting things inside the pipeline because of this year including iphone on Verizon which customers can?¡¥t wait to acquire their practical,” Apple CEO Steve Jobs said inside a statement, perhaps foreshadowing the modern products–such for the reason that next generation iPhone and iPad–consumers can get to find out later this holiday season.

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