Apple - Best non-holiday revenue and earnings ... but iPod sales flagging

Apple once again defies the global economic slowdown and posts its best ever non-holiday revenue and earnings.

Apple once again defies the global economic slowdown and posts its best ever non-holiday revenue and earnings.

Here are the details for Q3 '09 which ended on June 30th:

  • The year-on-year quarterly revenue rose to $8.34bn, up from $7.46bn
  • Net quarterly profit rose to $1.23bn, up from $1.07bn , a rise of 15.2% year-on-year
  • 2.6 million Macs sold
  • 10.2 million iPods sold
  • 5.2 million iPhones sold, up an amazing 625% on the year-ago quarter

Very, very strong earnings indeed. The iPhone figures are spectacular considering that the iPhone 3G S didn't hit shelves until after this quarter had ended.

Here are some charts:

As you can see, iPhone sales are incredibly strong.

Not so good on the iPod front. iPod sales have dipped to levels not seen since Q4 '07. It's not surprising as it's a combination of everyone who wants an iPod already having at least two, and surging iPhone sales. However, in the interests of keeping multiple irons in the fire, Apple is probably looking into ways to revive sales.

Recession ... what recession?

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