For the first fiscal quarter, which ended for Apple on December 30, the company reported the billion-dollar net income, which compared to $565m a year earlier, on revenue up 24% at $7.1bn.
The company shipped 1.6 million Macs and 21.1 million iPods, representing 28% and 50% growth respectively.
Earnings per share of $1.14 blew analysts’ estimates of $0.78 out of the water. But conservative guidance led to Apple’s share price dipping a few percent after-hours.
The company expects second fiscal quarter revenue of $4.8bn $4.9bn and earnings per share of $0.54 to $0.56, at least four cents less than analysts were expecting.
Still, the company guided pretty low last quarter as well. It said three months ago it expected about $6bn of revenue and EPS only as high as $0.73.
