Apple has reported record revenue of $54.5 billion and record quarterly net profit of $13.1 billion for Q1 2013. The company sold 22.9 million iPads, 47.8 million iPhones, million 4.1 Macs and 5.3 million iPods during the quarter. Apple made $8.2 billion more revenue that Q1 2012, but the same profit.
Peter Cohan: “Apple (AAPL) is poised to report its first profit drop in a long time.” Nope.