Apple Reports best Quarter Ever amidst doubt

This afternoon, anyone associated with Apple and those that love Apple kept a close eye on the earnings report for Q4 of 2012. For the past few weeks, Apple's been under fire with the WSJ reporting Apple was cutting iPhone/iPad parts production because a lack of demand. Turns out, Apple is more than ok. Apple posted company bests with revenue of $54.5 billion and net quarterly profit of $13.1 billion, or $13.81 per diluted share, compared to revenue of $46.33 billion and net quarterly profit of $13.06 billion, or $13.87 per diluted share in the year-ago quarter.

According to CEO Tim Cook, "We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” said Tim Cook, Apple’s CEO. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world."

So it turns out that Apple is in fact ok and doing better than expected. Who should have guessed that? Right, not the WSJ.

So what do you think of the earnings report from today? Did you expect Apple to report record numbers? Or did you expect down numbers from Apple? Let is know in the comment box below or on our Facebook page. Peace Apple Nation and happy Wednesday!