January 24 1984 was the bright day when Apple Inc.’s then CEO STEVE JOBS made the very first introduction to the Macintosh in the annual stockholder meeting. Promised as a very light and easy to use computer Macintosh proved to be a blessing for the company leading to the production of the likes of iPad, iPhone that have made the company reach unimaginable heights. Today, 29 years later Apple Inc. notified in their recent press release that their sales during the last quarter of the year 2012 had been a record.

iPhone 5 via Techcrunch.com

iPhone 5 via Techcrunch.com

The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. – Press Release dated January 23 2013

Sales of about 6.2 million iPhone sets in the last quarter of 2012 was a record indeed. This percentage of sales was much higher than any iPhone sales the company had done in the last two years. The reason for this high number of sales may well be popularity but there was another common aspect to it. For the holiday season the company had given a rebate of 100 USD for the iPhone 4S model and the version earlier to that iPhone 4 was being given out for free. Only half of the total shares were the latest iPhone 5.

Apple and its popularity continue to prosper, a small plant nurtured by its creative developers. Geekword wishes Apple Inc. all the best in its upcoming ventures.