Apple has posted record revenue of USD 26.74 billion and record net quarterly net profit of USD 6 billion (USD 6.43 per diluted share) for its fiscal 2011 first quarter ending 25 December 2010. This compares to revenue of USD 15.68 billion and net profit of USD 3.38 billion (USD 3.67 per diluteted share) in the year-earlier quarter. International sales accounted for 62 percent of total revenue in the quarter. Apple sold 4.13 million Macs in Q1, up 23 percent year-on-year; 16.24 million iPhones, up 86 percent year-on-year; 19.45 million iPods, down 7 percent year-on-year; and 7.33 million iPads. Apple CEO Steve Jobs saw it was a phenomenal holiday quarter with record Mac, iPhone and iPad sales. He said Apple generated USD 9.8 billion in cash flow from operations during the December quarter, and is expecting revenue of around USD 22 billion and diluted earnings per share of around USD 4.90 for the second quarter of FY 2011.
