Apple revealed its Q1 2012 earnings and I must say things are looking’ pretty awesome for the Cupertino. Why ? The company just set a new record for quarterly revenue and profit in Q1 of 2012, netting $46.33 billion in total with $13.06 billion earnings — the latter number representing about half of the company’s annual profit. That’s nearly twice what Apple announced for the same (at the time record-setting) period last year — $26.74 billion and $6 billion, respectively. In total the company shipped 15.4 million iPads, 15.4 million iPods and 5.2 million Macs this quarter. That last number is particularly surprising since it represents a growth of 26 percent over last year, bucking trends that indicated PC growth would remain flat.

“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

“We are very happy to have generated over $17.5 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2012, which will span 13 weeks, we expect revenue of about $32.5 billion and we expect diluted earnings per share of about $8.50.

Perhaps more importantly, though, the company sold just over 37 million iPhones — a 128 percent increase over the same quarter last year (and up from 17 million in the previous quarter, a jump of 117 percent). This makes Apple back into the number one slot, ahead of Samsung which sold a stunning 35 million units this last quarter. Sales of iPhones and accessories accounted for 24.4 billion of the quarter’s revenue. Apple’s Tim Cook also said on the company’s earnings call that it could have sold even more if it had more supply.

iPad sales also set a new record with 15.43 million units sold during the quarter, which is a 111 percent jump from the 7.3 million sold a year ago, and a 39 percent increase from the 11.1 million moved in Q4 2011,iPod’s are slowly moving into the decline stage of the Product life Cycle.Apple sold 15.4 million iPods — out of which half were iPod touches — which represents a 21 percent decline from the 19.4 million sold a year ago.

As I have mentioned above Mac sales were also on the high totaling to 5.2 million units — a 26 percent increase year-over-year.This translates to 1.48 million desktops (including iMac, Mac Mini and Mac Pro), and 3.7 million laptops (including the basic MacBook, MacBook Air and MacBook Pro).

Even the Apple TV enjoyed a record quarter, selling 1.4 million units.

Apple also anticipates to have a strong Q2 too, but it may not be a record-breaking one.But even if Q2 turns out to be a slow one, Cupertino should be perfectly fine thanks to its $97 billion in cash on hand. Apple will provide a live audio feed of its Q1 2012 conference call at 2:00 PM Pacific time.You can find the full press release and a graphical visualization of Apple’s Q1 2012 below.

Via Apple Data Summary pdf

Thanks Engadget(1) (2),MacStories