Apple Q3 2010 financial results

Today Apple posts its Q3 2010 financial results ... and it's been another great quarter for the Cupertino giant.

Today Apple posts its Q3 2010 financial results ... and it's been another great quarter for the Cupertino giant.

Here's the details:

  • Record revenue of $15.7 billion (compared to $9.73 billion for the year ago quarter)
  • Net quarterly profit of $3.25 billion or $3.51 per diluted share (compared to $1.83 billion for year ago quarter)
  • Gross margin was 39.1% (compared to 40.9% for year ago quarter)
  • International sales accounted for 52% of sales
  • 3.47 million Macs sold (33% up on year ago quarter)
  • 8.4 million iPhones sold (61% unit increase over year ago quarter)
  • 9.41 million iPods (8% unit decline on year ago quarter)
  • 3.27 million iPads sold

“It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.”

“We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO.

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