Apple reports record numbers for the quarter
Posted by Mauricio Longo in News on Apr 21st, 2011 |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
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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.
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