Apple Inc. posted record numbers for the last quarter of 2011 with sales of $46.3 billion a tech industry record.
Apple sold 37 million iPhones, 15.4 million iPads and 5.2 million Macs, and 15.4 million iPods in the last quarter which ended December 31. With its current pace, Apple is slated to take over Samsung's spot as the world's biggest technology company in revenue.
The company is sitting on its $97.6 billion in cash profit. While the growth of Apple in the last quarter has far exceeded expectations the Cupertino-based company could still see more room for growth. This year Apple is expected to launch the new versions of the iPad and the iPhone. Although details about the iPad 3 and the iPhone 5 are scarce there is little doubt that consumers will snatch up these two devices in record time. Global sales of the iPhone are on the rise and the iPad is holding court atop its defeated tablet competitors. Apple's MacBook Air has spawned rivals in Intel and other Asian computer makers who hope to replicate the ultra-thin laptops success. For now 2012 is looking to be a rosy year for Apple.
Some analysts are even expecting Apple to push its own smart television this year following revelations from Steve Jobs biography that Jobs had "cracked" the code for developing a successful TV. Apple has its own Apple TV, a digital media receiver that can stream content from iTunes and video from computers or iOS devices. Apple has sold 1.4 million units of the device in the last quarter of 2011 although it remains a hobby for the company.
"Our Apple TV product is doing quite well... but in the scheme of things, we still classify Apple TV as a hobby. We continue to add things to it. If you're using the latest one - I don't know about you, but I can't live without it. Other than that, no comment," said Apple CEO Tim Cook.
Cook didn't give any hints about the much rumored Apple HD TV sets but this hasn't stopped speculation that Apple will roll out the TV sets late in the year.
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