Apple Record Profits, and Laurene Powell Jobs *Update 26/1/12*

For the three months to 31 December 2011, Apple recorded record profits of £8.36bn ($13.06bn) from the same period in 2010.  Apple sold 37 million iPhones, which was twice as many as it sold in the last quarter of 2010.

Time Cook said “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline”.  Cook has addressed employees telling them that some “exciting new things” will be discussed at a Town Hall Meeting at 10am (3pm GMT) today.

The firm are still on queue to release iPad 3 in March.  $4B has now been paid to Developers for apps, and iCloud now has 85M users signed up.

Sales of iPad and the Mac range rose 111% and 26% respectively, compared to the same figure in 2010.

Sales of the iPod, though, fell by 21%.  Could this spell the end of the music player?

Lovely to see Laurene Powell Jobs present at the US State of the Union Address yesterday.  Laurene is seen here on the right with Bershire Hathaway President Debbie Bosanek.  In the photo below she’s seen applauding Michelle Obama.

Barack Obama mentioned Steve Jobs during his address:

You see, an economy built to last is one where we encourage the talent and ingenuity of every person in this country. That means women should earn equal pay for equal work. It means we should support everyone who’s willing to work; and every risk-taker and entrepreneur who aspires to become the next Steve Jobs.

*Update 26/1/12*

The “exciting new things” that Tim Cook spoke to Apple employees about yesterday was a huge Staff Discount Scheme that happening.  How huge?  50% huge.  From this Summer, employees that have worked for Apple for a least 90 days will get $500 off Mac products and $250 off new iPads.  One discount per employee can only happen every three years.


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