Apple Announces Best Quarter Ever; Sells 14.1 Million iPhones, 4.19 Million iPads In Q4
Apple has posted all-time record revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share for its fiscal 2010 fourth quarter ended September 25, 2010.
Apple sold 3.89 million Macs during the quarter, up 27 percent unit over the year-ago quarter. Apple also sold 9.05 million iPods during the quarter, representing an 11 percent decline over the year-ago quarter.
Apple’s CEO, Steve Jobs said:
We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings – both all-time records for Apple. iPhone sales of 14.1 million were up 91 percent year-over-year, handily beating the 12.1 million phones RIM sold in their most recent quarter. We still have a few surprises left for the remainder of this calendar year.
Below are some of the estimates made by analysts on how many iPhones, iPods, Macs and iPads Apple will sell in the fourth quarter:
Wall Street doesn’t seem to like the results. Apple's stock is currently trading at approximately $298 down approximately $20.23 (~6.36%).
Apple will be holding its Q3 conference call at 2:00 p.m. PDT today. You can listen to the audio webcast of Apple’s conference call here.
We can't wait to find out about the amazing new products that Apple is expected to launch at the ‘Back to Mac’ special event on Wednesday.
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