Apple Posts Record Quarter – $15.7 Billion in Sales
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Apple just posted their 3rd quarter results for its 2010 fiscal year. Apple saw record profits of $3.25 billion on sales of $15.7 billion for the quarter. This is a 78% revenue increase from the same quarter a year ago.
This is the first quarter Apple broke out iPad sales since the device went on sale April 3, 2010. Apple sold 3.27 million iPads during the quarter and was able to book $2.166 billion in sales on iPads, iPad related accessories and services.
“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.”
The iPad wasn’t the only standout product for Apple this past quarter. Both the Mac and iPhone saw growth compared to the same quarter a year-ago, 33% and 61% respectively. The iPod didn’t fare as well and posted a decline of 8% from the same quarter in 2009.
The iPad is off to a strong start with phenomenal sales numbers which accounts for almost 14% of Apple’s sales within the first month of the device being available on the market.
