Apple reports record numbers for the quarter

During its scheduled quarterly earnings call, yesterday, Apple executives reported record numbers for revenue and profits.  Revenue for the quarter was $24.67 billion while profits came in at $5.99 billion, a growth of 85% over the year ago quarter.

These numbers are the result of exceptionally high iPhone sales, with over 18 million iPhones sold in the quarter and a much smaller number of iPads sold than almost everyone was expecting.  Apple reported sales of only 4.69 million iPads in the quarter.  This number seems to be directly related to a constraint in production of the new iPad 2,  rather than to lack of demand as anyone who’s tried to get one recently can probably attest.

Demand for iPad 2 seems to continue to be very high with Apple selling just about any they can manufacture.

Related Posts:


Warning: count(): Parameter must be an array or an object that implements Countable in /nfs/c06/h07/mnt/89472/domains/ipadwatcher.com/html/wp-includes/class-wp-comment-query.php on line 405

Leave a Reply

Your email address will not be published. Required fields are marked *