Apple reports massive Q1 2012 results

The Verge:

The company booked a $13.06 billion profit on $46.33 billion in revenue, marking the biggest quarter in company history — well over 50 percent larger than its previous record in Q3 2011. Apple sold a remarkable 37.04 million iPhones, 15.43 million iPads and 5.3 million Macs during the quarter, which represent increases of 128 percent, 111 percent, and 26 percent from last year. That’s two million more smartphones sold than Samsung shipped last quarter, which is astonishing.


On the heels of Apple’s e-textbook announcement in New York City this week, publisher Houghton Mifflin Harcourt announced the results of its “HMC Fuse: Algebra I” pilot program at Ameila Earhart Middle School in California’s Riverside Unified School District. The Algebra I digital textbook is touted as the world’s first full-curriculum algebra application developed exclusively for Apple’s iPad.

In its test run, the “HMH Fuse” application helped more than 78 percent of students score “Proficient” or “Advanced” on the spring 2011 California Standards Test. That was significantly higher than the 59 percent of peers who used traditional textbooks.

Apple had advertised that the store would open at 7 a.m. At 7:15 a.m., people began chanting “Open the door!” and “Liars!” after a man said over a bullhorn that the phone wouldn’t go on sale today, without giving an explanation. The store stayed closed “for safety reasons,” Wu said. Beijing police temporarily cordoned off the shop after it was pelted with eggs from the crowd.