Apple just posted up its third quarter earnings — its first full quarter selling the iPad — and, well, it’s raining cash in Cupertino. The company posted a record profit of $3.35b on record revenues of $15.7b, which is up from $1.83b and $9.73b from a year ago. The big stat? Apple sold 3.27 million iPads, nearly matching the 3.47 million Macs sold — and Mac sales were up 33 percent from a year ago to set a new quarterly record. Yeah, damn. iPhone sales — including the first few weeks of the iPhone 4 — were up 61 percent from a year ago to 8.4 million, and the iPod continued its slow decline, down eight percent to 9.41 million units sold. Over half of the Apple’s sales — 52 percent — were international, and Jobs is quoted saying “we have amazing new products still to come this year.” Not a bad way to head into back-to-school and the holidays, we suppose — we’ve got a feeling those iPad numbers are just going to go up. The conference call to discuss all this is at 5pm ET, we’ll be covering it live right here.
Continue reading Apple posts record $3.25b profit in first full quarter of iPad sales, says more ‘amazing products’ coming this year
Apple posts record $3.25b profit in first full quarter of iPad sales, says more ‘amazing products’ coming this year originally appeared on Engadget on Tue, 20 Jul 2010 16:40:00 EDT. Please see our terms for use of feeds.
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Tags: $3.25b, Amazing, Apple, coming, First, Full, iPad, more, Posts, Products, profit, quarter, Record, sales, Says, This, year.
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