Apple announces Q1 earnings, sets quarterly record with $46.33 billion in revenue

It's that time folks: time for the quarterly running of the spreadsheets. Today Apple, one the most anticipated of all, is revealing its earnings for the past three months and let's just say things are lookin' pretty good for the Cupertino crew. The company set a new record for quarterly revenue and profit in Q1 of 2012, netting $46.33 billion in total with $13.06 billion earnings -- the latter number representing about half of the company's annual profit. That's nearly twice what Apple announced for the same (at the time record-setting) period last year -- $26.74 billion and $6 billion, respectively. In total the company shipped 15.4 million iPads, 15.4 million iPods and 5.2 million Macs th... »read more

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