Sunday, May 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google to Retire the AlphaGo AI Program
Apple is Building AI Chip for iPhone
Chip Industry "Threatened" by Chinese Players
AMD Ryzen AGESA 1.0.0.6 Firmware to Enable Speedy Memory Clocks
Nvidia Introduces the GeForce MX150 For Laptops
Intel Dominates the Enterprise SSD Market
NVIDIA Introduces New GeForce GTX Battlebox
TSMC is Already Testing 7nm Chips, Coming Next Year
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Apple P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 20, 2011
Apple Posts Strong Results Boosted By Record iPhone, iPad Sales


Apple's March quarter was impressive with the company to post a 83% revenue growth and 95% profit growth, lifted by record iPhone sales, which grow 113%.

Apple's financial results for its fiscal 2011 second quarter included a record second quarter revenue of $24.67 billion and record second quarter net profit of $5.99 billion. These results compare to revenue of $13.50 billion and net quarterly profit of $3.07 billion, in the year-ago quarter. Gross margin was 41.4 percent compared to 41.7 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter's revenue, the company said.

Apple sold 3.76 million Macs during the quarter, a 28 percent unit increase over the year-ago quarter. The company sold 18.65 million iPhones in the quarter, representing 113 percent unit growth over the year-ago quarter. The phone's popularity in Asia as well as the fact that Apple keeps expanding the number of carriers that sell the phone seems to help. Apple also sold 9.02 million iPods during the quarter, representing a 17 percent unit decline from the year-ago quarter. During the same period, the company also sold 4.69 million iPads - nearly double from a quarter ago.

"With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders," said Steve Jobs, Apple's CEO. "We will continue to innovate on all fronts throughout the remainder of the year."

Apple usually has the year's new iPhone model out by early July. Analysts expect the new model to come in September instead.

Some buyers may also have been holding off while waiting for Lion, the new version of the Mac OS X operating system. Apple confirmed that it will go on sale Wednesday.


Previous
Next
T-Mobile Unveils Unlimited Data Plans        All News        Google Search To Detect Malware In Users' Computers
FBI Arrests Sixteen Suspects For Alleged Roles in Cyber Attacks     General Computing News      Google Search To Detect Malware In Users' Computers

Get RSS feed Easy Print E-Mail this Message

Related News
Nokia and Apple Settle All Litigation, Sign Patent License and Business Agreement
Apple To Upgrade MacBooks This Summer
Apple Invests $200M In Corning
Apple Buys Sleep Tracking App Maker Beddit
Apple Becomes World's No.1 Wearables Vendor in Q1 2017
Analyst Places Netflix, Tesla In Potential Takeover Targets for Apple
Qualcomm Wants to Ban iPhones
Apple to Invest In U.S. Manufacturing Companies
iPhone Sales Dip In Second Quarter
Samsung And Apple Maintain Top Spots in Smartphone Market
Apple Pay, Samsung Pay and Android Pay Set To Expand This Year
Apple To Educate Consumers Around Its Products Through "Today at Apple" Programs In Apple Stores

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .