Apple's stock was up about 8% in after-hours trading about two hours after the market closed, which put its share price at $454. At that value, Apple's market capitalization stands at $423 billion, more than previous market cap leader Exxon Mobil, worth $418 billion.
Tim Cook, Apple’s CEO, said in a statement he was thrilled, and promised more exciting products are coming. CFO Peter Oppenheimer also said he was thrilled in a conference call for investors.
Cook attributed Apple's success to "the breathtaking customer reception" of the company's products. Here are a few of the relevant numbers:
Apple's revenue for the last quarter of 2011 was 73% higher that it was in the same quarter in 2010. The company's net profit of $13.06 billion was more than Google's net revenue of $8.13 billion during the same quarter.
Apple sold 37.04 million iPhones, representing 128% growth from the same quarter a year ago. Cook noted on the conference call that IDC pegged overall growth for the smartphone market at 40%.
That's the number of iPads sold, 111% more than the number sold in the year-ago quarter. Cook conceded that iPad sales are cannibalizing Mac sales but said the iPad is cannibalizing PC sales more. "It's winning market by market by market," he said. Apple has sold more than 55 million iPads since April of 2010.
That's how much cash Apple has on hand. It's huge amount of money, enough to buy Sony five times or about half of Google. Oppenheimer noted that Apple is actively discussing with its board what to do with all that cash.
In three months, iCloud has attracted 85 million customers. "We're thrilled with it," said Cook. "It solved a lot of problems that customers had." No word on how many of them are paying for extra storage or services.
That's the number of people who visited Apple retail stores during the quarter, up from 76 million in the year-ago quarter. Based on an average of 358 stores during the period--Apple now has 361--that works out to 22,000 visitors per store per week during Apple's 14 week reporting period. More than half the customers buying Macs from Apple stores have not previously owned a Mac.
What Apple Left Out
Apple said nothing about revenue from iAds or about whether anyone is using its Ping social network.
On Feb. 2, the percentage increase of iPad sales was corrected.
Server Market SplitsvilleJust because the server market's in the doldrums doesn't mean innovation has ceased. Far from it -- server technology is enjoying the biggest renaissance since the dawn of x86 systems. But the primary driver is now service providers, not enterprises.
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