Apple has announced its financial results for its fiscal 2010 fourth quarter that ended Sept. 25. And the company reported record Mac, iPhone and iPad sales.
Apple posted record revenue of US$20.34 billion and a net quarterly profit of $4.31 billion, or $4.64 per diluted share. These results compare to revenue of $12.21 billion and net quarterly profit of $2.53 billion, or $2.77 per diluted share, in the year-ago quarter. Gross margin was 36.9% compared to 41.8% in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.
Apple sold 3.89 million Macs during the quarter, a 27% unit increase over the year-ago quarter. The company sold 14.1 million iPhones in the quarter, representing 91% unit growth over the year-ago quarter. Apple sold 9.05 million iPods during the quarter, representing an 11% unit decline from the year-ago quarter. The company also sold 4.19 million iPads during the quarter.
“We are blown away to report over $...| Read more »