Categories: ElectronicsHeadlines

Apple Reports Best Non-Holiday Quarter

Apple Inc. (Cupertino, Calif.) reported revenue of $13.50 billion and net quarterly profit of $3.07 billion for its fiscal 2010 second quarter ended March 27, 2010. International sales accounted for 58 percent of the quarter’s revenue.

Apple's same-store sales rose 8 percent in March.

“We’re thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent,” says ceo Steve Jobs. “We’ve launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year.”

Sales of Macintosh computers saw a 33 percent unit increase over the year-ago quarter, while the Company sold 8.75 million iPhones, representing a 131 percent unit growth over the year-ago quarter. Sales of iPods declined one percent.
 

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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