Apple reports all-time record revenue

Apple has announced record revenue of $15.7 billion and net quarterly profit of $3.25 billion for the third quarter ended 26 June 2010. International sales accounted for 52 percent of the quarter’s revenue. In the same quarter last year revenue amounted to $9.73 billion and net quarterly profit was $1.83 billion.

Apple sold 3.47 million Macs during the quarter, a new quarterly record and a 33 percent unit increase over the year-ago quarter. The company also sold 8.4 million iPhones in the quarter, a 61 percent unit growth over a year ago. Sales of iPods were down eight percent to 9.41 million, however. This quarter also saw the launch of iPads, with total sales of 3.27 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,” said 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.”

“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.”