Cupertino, USA, based Apple Inc announced financial results for the fiscal 2011 first quarter ended December 25th 2011; the company posted a profit of $ 6 billion, up 78% year on year from $3.38 billion, on revenue of $26.74 billion, up 71% year on year from $15.68 billion. Note that these results come on the back of the festive season, when the consumer electronics sales peak; for its Q2, Apple has estimated $22 billion in revenues. Some notes from Apple's results: - iPhones: 16.24 million sold during the quarter, up 86% year on year. Previous quarter, Apple had sold 14.1 million iPhones - iPads: 7.33 million sold during the quarter, up from 4.19 million sold last quarter. - iPods: 19.45 million sold during the quarter, down 7% year on year. This is a substantial improvement over the previous quarter, when…
