Connect with us

Electronics

Apple Reports Record March

iPhone sales grew 113 percent

mm

Published

on

Apple Inc. (Cupertino, Calif.) reports record second quarter revenue of $24.67 billion, compared to revenue of $13.50 billion in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue.

Apple sold 3.76 million Macs during the quarter, a 28 percent unit increase over the same period last year, and 18.65 million iPhones in the quarter, representing a 113 percent unit growth over the year-ago quarter.

“With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” says Steve Jobs, Apple’s CEO. “We will continue to innovate on all fronts throughout the remainder of the year.”

“Looking ahead to the third fiscal quarter of 2011, we expect revenue of about $23 billion,” says Peter Oppenheimer, Apple’s chief financial officer.

 

Advertisement

Advertisement

FEATURED VIDEO

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design

Promoted Headlines

Most Popular