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Tuesday, October 19, 2010

Apple's quarterly results reveal record revenue

Apple has published its financial results for the quarter that ended 25th September 2010. Revenue hit a record $20.34 billion (£12.8 billion), with net quarterly profit at $4.31 billion. 57% of this revenue came from international sales.

Apple Mac sales were up 27% year-on-year to 3.89 million, iPhone sales were up 91% to 14.1 million, iPod sales were down 11% to 9.05 million and iPad sales reached 4.19 million.

Steve Jobs, Apple’s CEO, said "We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings — both all-time records for Apple. iPhone sales of 14.1 million were up 91% year-over-year, handily beating the 12.1 million phones RIM sold in their most recent quarter. We still have a few surprises left for the remainder of this calendar year."

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Author: The Fonecast
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Categories: Handsets and manufacturers, Operating systems, NewsNumber of views: 10692

Tags: apple rim ipad iphone

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