Apple Trumpets ‘Highest Revenue Earnings Ever’ For Q4 2010

Apple Trumpets ‘Highest Revenue Earnings Ever’ For Q4 2010

Credit: epicharmus/Flickr

Apple announced a record $20.4 billion in revenue during the fiscal 2010 fourth quarter, and a profit of $4.31 billion, in a press release ahead of their quarterly financial conference call.

Sales of Macs increased a sizable 27 percent from the same quarter last year; 14.1 million ipPhones were sold, a whopping 91 percent increase from last year’s Q4.

“We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings—both all-time records for Apple,” Steve Jobs said in Apple’s press release.

iPad sales topped out at just over four million, and iPod sales declined by 11 percent.

Apps you might like

About the author

Eli MilchmanWhen he was eight, Eli Milchman came home from frolicking in the Veld one day and was given an Atari 400. Since then, his fascination with technology has made him an intrepid early adopter of whatever charming new contraption crosses his path — which explains why he's Cult of Mac's test editor-at-large. He calls San Francisco home, where he works as a journalist and photographer. Eli has contributed to the pages of Wired.com and BIKE Magazine, among others. Hang with him on Twitter.

(sorry, you need Javascript to see this e-mail address)| Read more posts by .

Posted in News, Top stories | Tagged: , , , |


scribol