Apple Q1

A day after TI confirmed OMAP was going great guns, Apple produced yet another blow-out quarter. Channel checks and operator activation numbers had indicated very strong iPhone 4S numbers but no-one predicted the magnitude of sales would be so great:

iPhone 37m
iPad 15.4m
iPod 15.4m (>50% Touch as usual)
even the Apple TV (hobby) managed 1.4m.

If you add in Apple's 2011 Q3 and Q4 shipments we get the following running total from April 2011 onwards :

iPhone: 74.1m
iPad: 35.7m
iPod Touch: approx 15m
Apple TV: approx 3m
(plus some contribution from iPod Nano at smaller asp)

Giving a total of approx 127m devices .  IMG's FY also starts 1st May, so that has to be factored in. IMG's total royalty volume was 123m in H1, so that puts it in perspective. HY talked about a 'substantial acceleration' in royalty volume in H2 and here it is.
The momentum in Q2 will continue as the China launch for iPhone 4S was in January and demand is 'off the charts'.
Many analysts had predicted iPad 2 volume was dropping off but it never materialised.
Another source of  HY's 'substantial acceleration' is the Kindle Fire (also IMG'd via OMAP), so it will be interesting to see the numbers on that device (Amazon report next Tuesday).

Full transcript of the CC:

http://seekingalpha.com/article/321818-apple-s-ceo-discusses-q1-2012-results-earnings-call-transcript?part=qanda