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Wednesday, July 21, 2010

A record quarter for Apple

Last night Apple announced financial results for the financial quarter ending 26th June 2010. It revealed record revenue of $15.7 billion and net quarterly profit of $3.25 billion. International sales accounted for 52% of quarterly revenue.

Apple sold 8.4 million iPhones in the quarter (61% up year-on-year) and 3.27 million iPads. iPod sales, at 9.41 million, were 8% down year-on-year, while Mac sales were up 33% to a new quarterly record of 3.47 million.

Steve Jobs, Apple’s CEO, said "It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4. iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year."

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Author: The Fonecast
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Categories: Handsets and manufacturers, NewsNumber of views: 337

Tags: apple

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