Apple has registered record revenue of USD 26.74 billion
Apple post record profit this time. For the October-December period of 2010Apple Inc. has reported a whopping 78 per cent jump in net income at USD 6 billion, buoyed by record sales of iPhone, iPad and Macintosh computers.
In the October-December quarter of 2009, the company had a net income of USD 3.38 billion, Apple said in a statement. All is that Apple has registered record revenue of USD 26.74 billion in the first quarter of the fiscal compared to USD 15.68 billion in the year-ago period.
Apple CEO Steve Jobs said, “We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales.”
He said, “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon, which customers can’t wait to get their hands on.”
Apple sold 4.13 million Macs, a 23 per cent unit increase over the year-ago quarter. The company sold 16.24 million iPhones in the quarter, representing 86 per cent unit growth over the year-ago quarter. Besides, the company also sold 7.33 million iPads during the quarter.
Apple has witnessed a decline of seven per cent in iPods sales to 19.45 million units. The company, which has reported a strong performance in the first quarter, expects that momentum will continue in the next quarter as well.
Apple CFO Peter Oppenheimer said, “Looking ahead to the second fiscal quarter of 2011, the company expect revenue of about USD 22 billion and expect diluted earnings per share of about USD 4.90.”
