Apple announces stellar Q3 2010 results

Apple

Late yesterday, Apple announced its latest financial results. Its third quarter 2010 saw revenues of US$15.7 billion and a net quarterly profit of US$3.25 billion. International sales accounted for 52 percent of the quarter’s revenue.

“It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.”

Apple sold 8.4 million iPhones in the quarter (a 61 percent year-over-year growth), 9.41 million iPods (down eight percent year-over-year) and 3.27 million iPads. It also sold 3.47 million Macs.

During the analyst call that followed, Chief Operating Officer Tim Cook said that the iPhone 4 antenna issue has had no impact on sales so far.

The Apple juggernaut rolls on…

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