Apple: Record sales for Mac, iPhone and iPad
Apple has announced financial results for the fourth quarter of fiscal 2010 ended September 25, 2010. The Company has achieved a record turnover of 20.34 billion dollars and net quarterly profit of 4.31 billion dollars, equivalent to $ 4.64 per diluted share. These results compare with those for the same quarter last year, when the company reported a turnover of 12.21 billion dollars and net quarterly profit of 2.53 billion dollars, equivalent to $ 2.77 per diluted share. Gross margin was 36.9 percent, compared to 41.8 percent in the quarter a year ago. International sales accounted for 57% of quarterly revenue.
Apple shipped 3.89 million Mac computers during the quarter, representing unit growth of 27 percent over the same quarter a year ago. The company has sold 14.1 million iPhones during the quarter, represents a unit growth of 91 percent over the same quarter last year. Apple shipped 9.05 million iPods in the quarter, representing a reduction in units of 11 percent from the year-ago quarter. The company also sold 4.19 million during the quarter iPad.
“We are incredibly pleased to announce sales of more than $ 20 billion and a profit after tax of over $ 4 billion – both records ever for Apple i-tunes,” said Steve Jobs, Apple’s CEO. “Sales of 14.1 million iPhone units increased by 91% year over year, surpassing the 12.1 million phones sold by RIM during their final quarter. We still have some surprises in Serbia by the end of this calendar year. “
“We are thrilled by the results and the strength of our business, which generated almost $ 5.7 billion in cash from operation during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first quarter of fiscal 2011, we expect revenue of about $ 23 billion and earnings per diluted share of about $ 4.80.”







