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Monday, October 18, 2010

Apple sales top $20 billion in fiscal fourth quarter | BappProducts | MacUser | Macworld

Apple sales top $20 billion in fiscal fourth quarter | BappProducts | MacUser | Macworld
Macworld reported the following story today:
Apple on Monday reported record revenue and earnings for its fiscal fourth quarter, thanks to
strong sales of Macs, iPhones, and iPads.
The company reported a quarterly profit of $4.31 billion for the three months ended Sept. 25., with revenue of $20.34 billion. That compares to a $2.53 billion profit on sales of $12.21 billion for the same period last year.
Appleʼs earnings of $4.64 per diluted share handily beat estimates by Wall Street analysts who were expecting the company to report earnings of $4.06 a share on $18.86 billion in revenue for September quarter.
“We still have a few surprises left for the remainder of the calendar year,” said CEO Steve Jobs in a statement accompanying the earnings. Apple has scheduled a press event for this Wednesday where the company is expected to focus on the Mac.
During the quarter, Apple says it sold 4.19 million iPads; it was the companyʼs first full quarter of iPad sales. Apple also sold 14.1 million iPhones, fueled by the launch of the iPhone 4. By comparison, Apple says smartphone rival Research In Motion sold 12.1 million phones during its most recent quarter.
As for Mac sales, Apple sold 3.89 million computer, up 27 percent from its year-ago sales. Thatʼs a new record for Mac sales topping the 3.47 million mark the company set during the June quarter.

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