Apple has announced their financial results for calendar Q3 and fiscal Q4 of 2010. Apple took in $20.34 Billion in revenue, and profit of $4.31 billion, which works out to be $4.64 per diluted share. This is compared to $12.21 billion in revenue, and $2.53 billion in profit from the year-ago quarter. 57% of the […]
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Apple Announces Best Quarter Ever, $4.31 Billion in Profit

applehq.jpgApple has announced their financial results for calendar Q3 and fiscal Q4 of 2010. Apple took in $20.34 Billion in revenue, and profit of $4.31 billion, which works out to be $4.64 per diluted share. This is compared to $12.21 billion in revenue, and $2.53 billion in profit from the year-ago quarter. 57% of the company’s revenue came from international sales.

As for logistics, Apple shipped 3.89 million Macs throughout the quarter, up 27% over the year-ago quarter. They sold 14.1 million iPhones, up 91% from the year-ago quarter, while selling 9.05 million iPods, which is a 11% decline for iPods from the year-ago quarter. Lastly, Apple sold 4.19 million iPads this quarter.

“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,” said Steve Jobs, Apple’s CEO. “iPhone sales of 14.1 million were up 91 percent 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.”

Lastly, Apple’s guidance for Q1 of fiscal 2011 expects $23 billion in revenue and earnings of $4.80 per diluted share.

Amazing.

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