Apple Q1FY14 results.

Apple on Monday announced its earnings for the company’s first fiscal quarter of 2014, netting $13.1 billion in profit on $57.6 billion in revenue, driven by sales of 51 million iPhones and 26 million iPads — the most ever sold in a single quarter.

4,8 million Macs, earnings of $14.50 per diluted share, gross margin of 37.9 percent, $158.8 billion in cash, iPhone controls 59 percent of U.S. commercial smartphone market, iPad has a 78% share of U.S. commercial tablet market. iOS 7 is now on over 80% of all iDevices.

This is Apple’s best quarter ever.

Of course Apple stock is down 6%, because….Apple.


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