Apple Q1 results are out, impressive as usual
It's no secret that Apple are doing pretty well as of late, so their good financial results for the first three months of the year should come as no surprise. The Company recorded revenue of 13.50 billion US dollars and net quarterly profit of 3.07 billion US dollars.
These results compare very favorably to the 9.08 billion dollars of revenue and 1.62 billion dollars of profit achieved in the same quarter of last year. Gross margin has also raised to 41.7 percent, up from 39.9 percent in the year-ago quarter.
Also worth noting is that international sales have once again accounted for more than a half of the total revenue (58 percent to be precise).
The number of sold iPhones for the past three months is 8.75 million, which more than twice as much as the same period of last year (3.79 million). A comparison with the previous quarter is not impressive but still favorable (8.73 million iPhones were shipped during the holiday season).
You can check out the full report by following the source link below.
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Reader comments
- Anonymous
- 27 Apr 2010
- 4TM
Just less than two months and the new iphone will be released. Exciting. But I do hope Apple releases 4.0 os soon. I want to see how it works on my 3gs, and my new ipad :). Btw, I am loving my new ipad. Using it now and it's super awesome. My ip...
- Anonymous
- 26 Apr 2010
- Er2
speaking of USB cable, sorry for being a bit out of the topic. I just helped a friend of mind to buy a (so called smartphone) E63 of the almighty brand, and it DID NOT come with the USB cable. Meanwhile, all Motorola phones, including the b...
- Anonymous
- 26 Apr 2010
- jes
Look, anyone's personal life is none of our business here unless you are directly involved. Steve is not my hero. I just like Apple products. You do not know him personally so zip it. You're just bitter that the iphone is doing better than the de...
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