Edible Apple

Apple issued its earnings for the quarter gone by and posted revenue of $54.4 billion and profits of $13.1 billion. That compares to revenue of $46.3 billion in the same quarter a year-ago and profits of $13.1 billion.

And keep in mind that last year’s quarter encompassed 14 weeks while Apple’s 2013 Q1 quarter encompassed just 13.

The Company sold a record 47.8 million iPhones in the quarter, compared to 37 million in the year-ago quarter. Apple also sold a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. The Company sold 4.1 million Macs, compared to 5.2 million in the year-ago quarter. Apple sold 12.7 million iPods in the quarter, compared to 15.4 million in the year-ago quarter.

And yet shares of Apple are down to the $480 range.

via Apple