10 Incredible Stats From Apple's Q1 Earnings

Just How Much Did Apple Earn In Q1?

Apple released fiscal 2012 first quarter earnings Tuesday that squashed analyst and Wall Street expectations. With quarterly revenue of $46.33 billion, CEO Tim Cook saying that the company’s momentum is "incredibly strong" could be the understatement of the year.

Here are a few (staggering) statistics that prove just how valuable the world’s biggest tech company really is.

Apple's Quarterly Profit Trumps Google's Revenue

Google’s Android and Apple’s iOS have been in an arms race for months, with each gobbling up more and more market share in both consumer and corporate market segments every day. Analysts including comScore and Gartner put Android ahead in terms of market share, but Apple was recently awarded a win of another kind: Its quarterly profit beat out Google’s total quarterly revenue by nearly $3 billion.

Apple reported quarterly profit of $13 billion, which surpassed Google’s $10.6 billion revenue by a pretty hefty margin. Apple’s numbers skyrocketed over the holiday season, after a surge in iPhone and iPad sales around the globe.

Apple On Track To Become First Trillion-Dollar Company

Today, Apple is the world’s most valuable tech company, but columnist Robert Cyran, of The New York Times predicted last year that the mobile giant may soon hit another financial milestone: the title of world’s first trillion-dollar company.

And with Apple’s quarterly revenue of $46.33 billion far exceeding Wall Street estimates, it seems Cyran’s prediction may not be so far off.

The mobile giant has already been playing a game of cat and mouse with the U.S.’ most valuable company Exxon Mobile for months, and briefly surpassed the oil distributor this week, according to a report from USA Today. If Apple’s growth rate continues to be through the roof, that trillion-dollar mark doesn’t seem too far-fetched (or too far off).

Apple's Net Income A Home Run

According to its earnings statement Tuesday, Apple saw a fiscal first quarter net income of $13.06 billion.

The Wall Street Journal pointed out that this number is nearly five times the income made by every Major League Baseball player in 2011. To put some perspective around that stat, CBS Sports reported New York Yankees Player Alex Rodriguez was the highest paid MLB player last year, and he alone saw an income of $32,000,000 dollars.

Oh, and by the way, if you’re interested in tracking the Yankees standings for 2012, there’s an app for that.

Apple's Quarterly Revenue Surpasses GDP of 105 Countries

Apple’s quarterly revenue of $46.33 billion didn’t just beat out Google. According to Wall Street Journal blogger Scott Austin, it exceeds the gross domestic product of 105 countries.

The company’s massive revenue reported Tuesday is about equal to the GDP of Tunisia or Slovenia, and the islands of Jamaica, Iceland, The Bahamas, Haiti, St. Lucia, Maldives, Antigua/Barbuda and Grenada -- combined.

Apple's $46.3 billion is also just under Bulgaria's estimated GDP of $47.7 million for all of 2010, and is larger than Iceland's 2010 estimated GDP of $12.59 billion.

Mac Sales Stay Strong

It seems like every other day a new analyst report emerges suggesting the PC market is on its way out. But based on its first quarter sales numbers, Apple’s traditional Mac notebook line is still hanging in there as a popular pick among PC-lovers everywhere.

The company reported that it sold 5.2 million Macs during the first quarter of the fiscal year. While this number may pale in comparison to the 37 million iPhones and 15.43 million iPads it sold, it still represents a 26 percent year-over-year growth rate in a market that, as a whole, is on the decline.

iCloud Stands Its Ground

Just three months after its launch, Apple’s debut cloud hosting service, iCloud, has already carved a space for itself with the increasingly competitive cloud market. And a pretty big one, too.

Apple announced during the company’s quarterly earnings call Tuesday that iCloud has already reached the 85-million-user mark. And, in a follow-up statement, Apple front-man Tim Cook suggested that Apple has no intention of letting that number drop anytime soon.

"We’re thrilled with it, and the response from customers has been incredible. It’s solved a lot of problems that customers were having and made their lives much, much easier," Cook said. "It was a fundamental shift recognizing that people had numerous devices and they wanted the bulk of their content in the cloud and easily accessible from all of their devices, and you know, I think we’re seeing the response from that. With 85 million customers in just three months, it is a very very important part — it’s not just a product, it’s a strategy for the next decade."

Apple's iPad Sales Top HP's PC Sales

Even if the PC isn’t dead, Apple’s iPad sales sure do make it seem that way. In the final calendar quarter of 2011 alone, Apple sold 15.43 million iPads. According to market analyst Gartner, Hewlett Packard, the world’s largest PC maker, sold 14.7 million PC units during the same three-month period.

"There will come a day that the tablet market is larger than the PC market," said Apple CEO Tim Cook during the company’s earnings call this week. He also emphasized the value of the iPad’s multi-function design, noting that e-readers can’t really be grouped within the general tablet category.

"I think people really want to do multiple things with their tablets; as a result, we don’t really see these limited function tablets, these e-readers, as being in the same category," Cook said. "I don’t think people who want an iPad will settle for a limited function."

Daily iPhones Sales Exceed World's Birth Rate

After hearing that Apple sold 37.04 million iPhones over the course of 98 days, digital design guru Luke Wroblewski crunched some numbers.

What he found is that 37.04 million iPhones sold in one quarter equals approximately 377,000 sold each day. What he also found is that that this number surpasses the global daily birth rate of approximately 371,000 newborns.

Put simply, about 6,000 more iPhones are sold each day than babies are born world-wide.

Apple's Quarterly Revenue Is Double That Of Microsoft's

Apple’s quarterly revenue of $46.33 billion is more than double that of another industry giant: Microsoft.

Microsoft announced last week a quarterly revenue of $20.89 billion, meaning it would need to account for another $25.44 billion to earn the same bragging rights as it rival. To date, the two tech giants compete mainly in the PC arena, but with the arrival of Microsoft’s new mobile OS Windows 8 reported slated for February, the two will soon face off for the first time ever in the tablet space.

While Microsoft’s new OS is already being backed by major OEMs including Motorola Mobility and Lenovo, the software maker still has a lot of catching up to do if it wants to tout the same numbers as Apple.

Apple's Market Capitalization Same As 10 eBays

The day after its earnings announcement, Apple's market capitalization reached the $416.38 billion market, The Wall Street Journal reported.

The number wasn't enough to propel the mobile giant past Exxon Mobile, who ended Wednesday with a market cap of $419.26 billion. It was enough, however, to equal the market caps of two Wal-Marts, five Amazon.coms, 10 eBays or 20 Time Warner Cables, the Journal said.