Apple hosted its quarterly earnings call today at 5PM EDT, announcing revenue of $13.50 billion and net profit of $3.07 billion or $3.33 per diluted share, up from $1.62 billion net profit and $1.79 per diluted share from one year ago. Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue. Apple’s CFO Peter Oppenheimer predicted that the company expects to see revenue of $13.0 billion to $13.4 billion for Q3 2010 along with earnings per share between $2.28 and $2.39.
The press release posted to the Apple website quotes Steve Jobs as saying Apple had its “best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent”. Read more
Another record financial quarter for Apple
Apple hosted its quarterly earnings call today at 5PM EDT, announcing revenue of $13.50 billion and net profit of $3.07 billion or $3.33 per diluted share, up from $1.62 billion net profit and $1.79 per diluted share from one year ago. Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue. Apple’s CFO Peter Oppenheimer predicted that the company expects to see revenue of $13.0 billion to $13.4 billion for Q3 2010 along with earnings per share between $2.28 and $2.39.
The press release posted to the Apple website quotes Steve Jobs as saying Apple had its “best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent”. Read more