Apple Third Quarter Results: Revenue Up 82 Percent, Profits Up 125 Percent

Apple PR:

The Company sold 20.34 million iPhones in the quarter, representing 142 percent unit growth over the year-ago quarter. Apple sold 9.25 million iPads during the quarter, a 183 percent unit increase over the year-ago quarter. The Company sold 3.95 million Macs during the quarter, a 14 percent unit increase over the year-ago quarter. Apple sold 7.54 million iPods, a 20 percent unit decline from the year-ago quarter.

20 million iPhones in the quarter, 142 percent year-over-year growth. For a product that, just four years ago, many doubted that Apple would be able to sell 10 million of per year. Note too that even the iPod Touch can’t halt the collapse of the iPod. On the analyst call, Peter Oppenheimer stated that the iPod Touch account for “over half” of iPod sales. The iPhone is the iPod killer.

These are blowout numbers even by Apple’s standards. The stock is up to over $400 (6 percent gain) in after-hours trading.

★ Tuesday, 19 July 2011