Despite the initial grumbling at the launch of the iPhone 4S for lacking the marvel that many expected to see in the iPhone 5, the end of the year proved very favorable for the sale of Apple products, which resulted in major financial profits for the fourth quarter of 2011.
In the last three months of 2011, the company’s profit reached 13.06 billion dollars, double than the previous year.
At the same time, the tech giant said Tuesday that its sales soared 73% to 46.33 billion dollars, while analysts expected about 39 billion.
The results were boosted by Apple’s strong sales of iPhone and iPad during the holiday season.
37 million iPhones were sold over the holidays, summing up 183 million devices snapped by customers since 2007, the year the products hit the market.
In addition, Apple sold 5.2 million Macs in the last quarter, an increase of 26% over the same period last year. As for the iPad, 15.4 million were sold (an increase of 111%) to 15.4 million buyers. Sales of the iPod fell 21% to 15.4 million.
These results point to a great year ahead for the California-based company. A third generation iPad and a much-awaited iPhone 5, as well as an update to its Mac should help boost sales by at least 14%, according to forecasts.
The fifth-generation iPhone is expected in late 2012, with a new design and new features, including a camera 8 megapixel with flash.