updated 04:45 pm EDT, Tue July 20, 2010
Claims 8.4 million iPhones, 3.27 million iPads
Apple has announced results for its third fiscal quarter, which ended on June 26th. Revenue reached $15.7 billion, generating a net quarterly profit of $3.25 billion, or $3.51 per diluted share. The results are up substantially year-over-year, as Q3 2009 had revenue of $9.73 billion, and a net profit of $1.83 billion, or $2.01 per share. Gross margin was 39.1 percent in 2010 versus 2009's 40.9 percent. Apple notes that international sales accounted for 52 percent of quarterly revenue.
The period notably included Apple's first iPad sales, measured at 3.27 million units. 3.47 million Macs were sold, which Apple says is a quarterly record, and a 33 percent year-over-year growth. iPhone sales were up 61 percent to 8.4 million, though including just a relative handful of iPhone 4s, as the device was officially launched June 24th. iPod sales continued their decline, falling 8 percent to 9.41 million.
"It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple's history with iPhone 4," reads a PR statement from Apple CEO Steve Jobs. "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."
CFO Peter Oppenheimer adds that the company produced over $4 billion in cash, and that Q4 guidance calls for $18 billion in revenue, with EPS of $3.44.