Apple just released its financial results for the second quarter of its fiscal year, which ended on March 26. During the quarter, Apple managed to sell a whopping 4.7 million iPads, a figure in line with our earlier predictions.
During the quarter, Apple manage to sell almost $25 billion worth of Macs and iOS devices, and pocketed an impressive profit of about $6 billion, a new record for Apple.”With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” said Apple CEO Steve Jobs. “We will continue to innovate on all fronts throughout the remainder of the year.”
Since the launch of the iPad 2 on March 11 in the U.S., and in 25 additional countries on March 25, Apple “has sold every iPad 2 [the company] could make during the quarter,” an unsurprising statement, given that the iPad 2 has been almost impossible to find over the last month, despite Apple’s efforts at improving the availability of the device.
The iPad is also getting increasingly popular in the corporate world, as 75 percent of the Fortune 500 companies are now trialing or using the device on a regular basis. Companies using the device include Xerox, Autonation, ADP, Disney, and Prudential, to name a few.
Finally, iTunes generated about $1.4 billion in sales, a new record for Apple. iTunes sales were boosted by an ever expanding media portfolio, and more importantly, the 350,000 iOS apps available on the App Store.