Apple Q2'2010 financial results - Record March quarter revenue and profit, iPhone sales more than double

Lost iPhone aside, it's all smiles over at Apple HQ as the company posts stunning results for the last quarter.

Lost iPhone aside, it's all smiles over at Apple HQ as the company posts stunning results for the last quarter.

Here are the highlights:

  • Revenue of $13.50 billion and net quarterly profit of $3.07 billion. These results compare to revenue of $9.08 billion and net quarterly profit of $1.62 billion.
  • Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter.
  • International sales accounted for 58 percent of the quarter's revenue.
  • 2.94 million Mac computers sold during the quarter, representing a 33 percent unit increase over the year-ago quarter.
  • 8.75 million iPhones sold in the quarter, representing 131 percent unit growth over the year-ago quarter.
  • 10.89 million iPods sold during the quarter, representing a one percent unit decline from the year-ago quarter.

 "We're thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent," said Steve Jobs, Apple's CEO. "We've launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year."

"Looking ahead to the third fiscal quarter of 2010, we expect revenue in the range of about $13.0 billion to $13.4 billion and we expect diluted earnings per share in the range of about $2.28 to $2.39," said Peter Oppenheimer, Apple's CFO.

Charts for those who like that sort of thing ;)