Apple's Q3 Revenue $15.7 Billion and Profit $3.25 Billion
Apple today announced its financial results for the second calendar quarter, and third fiscal quarter of 2010. Apple’s revenue is $15.7 billion, with a net profit of $3.25 billion. A year ago the revenue was $9.73 billion, and net profit $1.83 billion.
Apple shipped 3.47 million Macs, 8.4 million iPhones and 9.41 million iPods. Apple also sold 3.27 million iPads after it’s launch in April 2010.
“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.”
“We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2010, we expect revenue of about $18 billion and we expect diluted earnings per share of about $3.44”
Read full Press Release here.
