Apple Inc. reported unaudited consolidated earnings results for the first quarter ended December 29, 2012. For the quarter, the company reported net income of $13,078 million or $13.81 per diluted share on net sales of $54,512 million compared to net income of $13,064 million or $13.87 per diluted share on net sales of $46,333 million a year ago. Operating income was $17,210 million compared to $17,340 million a year ago. Income before provision for income taxes was $17,672 million compared to $17,477 million a year ago. Cash generated by operating activities was $23,426 million compared to $17,554 million a year ago. Payments for acquisition of property, plant and equipment was $2,317 million compared to $1,321 million a year ago. Payments for acquisition of intangible assets was $138 million compared to $108 million a year ago.

The Board of Directors has declared a cash dividend of $2.65 per share of the company's common stock. The dividend is payable on February 14, 2013, to shareholders of record as of the close of business on February 11, 2013.