Apple Q2'11: Record revenue, profit and iPhone sales

Summary:Apple announced another quarter of record results for Q2 2011, ending March 26, 2011 with revenue growth of 83 percent, profit growth of 95 percent and record iPhone sales.

On April 20, 2011 Apple announced another quarter of record results for the second quarter of fiscal 2011, ending March 26, 2011.

Here are the highlights:

  • Revenue of $24.67 billion (compared to $13.50 billion in year-ago quarter)
  • Net profit of $5.99 billion, or $6.40 per diluted share (compared to $3.07 billion, $3.33 per share)
  • Gross margin was 41.4 percent (compared to 41.7 percent)
  • International sales accounted for 59 percent of the quarter’s revenue
  • Sold 3.76 million Macs (28 percent unit increase)
  • Sold 18.65 million iPhones (113 percent unit growth)
  • Sold 9.02 million iPods (17 percent unit decline)
  • Sold 4.69 million iPads

You can listed to a rebroadcast of the conference call on Apple's Investor Relations Website.

Topics: Apple, Banking, Hardware, iPad, iPhone, Mobility

About

Jason D. O'Grady developed an affinity for Apple computers after using the original Lisa, and this affinity turned into a bona-fide obsession when he got the original 128 KB Macintosh in 1984. He started writing one of the first Web sites about Apple (O'Grady's PowerPage) in 1995 and is considered to be one of the fathers of blogging.... Full Bio

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