These numbers are superb, so back-to-school will have to be as good if not better to keep the naysayers from saying "see, antennagate is getting them!" That being said, if Apple's Q4 estimates are as conservative as usual, the results will be excellent.
On another note, depending on what Microsoft reports later this week, Apple could for the first time have surpassed MSFT in revenue as well as market capitalization. If that's the case, it would be a huge deal.
iPhone debacle? What iPhone debacle? Apple proved again today that it’s the teflon don of technology companies and virtually impervious to the effects of sometimes flaky products, or even the financial markets as a whole.
Apple today announced its financial results for the third fiscal quarter of 2010 and they’re outstanding. Q3 was another record quarter for the company, with revenue hitting an all-time high and earnings up a whopping 78 percent.
Some of the highlights:
- Record revenue of $15.7 billion (compared to $9.73 billion in the year-ago quarter)
- Net quarterly profit of $3.25 billion, or $3.51 per diluted share (versus $1.83 billion/$2.01)
- Gross margin was 39.1 percent (40.9 percent)
- International sales accounted for 52 percent of revenue.
- Sold 3.47 million Macs during the quarter (new quarterly record and a 33 percent unit increase over the year-ago quarter.
- Sold 8.4 million iPhones in the quarter (61 percent unit growth)
- Apple sold 9.41 million iPods during the quarter (an eight percent unit decline)
- 3.27 million iPads sold
Can anything stop AAPL?
