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

By | April 22, 2011, 7:18am PDT

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.

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Topics

Revenue, Apple iPhone, Apple Macintosh, Apple iPad, Apple Inc., Earnings, Conference Call, Sales Strategy, Financial Accounting, Sales, Finance, Jason D. O'Grady

Jason O'Grady is a journalist and author specializing in mobile technology. He has published six books on Apple and mobile gadgets and his PowerPage blog has been publishing for over 15 years.

Disclosure

Jason D. O'Grady

Jason D. O'Grady is the creator and editor of O'Grady's PowerPage, which has been publishing mobile technology news since 1995. He maintains an advertising relationship with the following legacy advertisers on the PowerPage:

  • Amazon Associates
  • Google Adsense
  • Tekserve

    • Advertising on the PowerPage is brokered by a third-party agency (BackBeat Media) and he recuses himself from these negotiations.

Biography

Jason D. O'Grady

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. He has been a frequent speaker at the Macworld Expo conference and a member of the conference faculty. He also co-founded the first dedicated PowerBook User Group (PPUG) in the United States.

After winning a major legal battle with Apple in 2006, he set the precedent that independent journalists are entitled to the same protections under the First Amendment as members of the mainstream media.

O'Grady is the author of The Nexus One Pocket Guide, The Droid Pocket Guide, The Google Phone Pocket Guide, and The Garmin nuvi Pocket Guide (Peachpit Press), the author of Corporations That Changed the World: Apple Inc. (Greenwood Press), and a contributor to The Mac Bible (Peachpit Press). In addition, he has contributed to numerous Mac publications over the years, including MacWEEK, Macworld, and MacPower (Japan).

When he's not writing about Apple for ZDNet at The Apple Core, he enjoys spending time with his family in New Jersey.

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enough to keep the folks at Redmond up nights. How much bigger than MS are Apple now - anyone know?

The Mac number is truely surprising. MS has made Windows all about how clever it can be, while Apple has made OSX all about using a device effectively. It seems that more and more people get that point.

Also the "big boys" like HP & IBM need multiple product and service lines to get similar numbers. So long as Apple keep cranking out the products no issues, but services needs to become a lifeline sooner or later...
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