Apple Posts All-Time Record Results: $7.31B Profit, $28.57B Revenue, 20.34M iPhones, 9.25M iPads



Apple has just started its Q3 financial earnings call, and if the press release accompanying the earnings call is anything to go by, it’s going to be a stunner: Apple has racked up another all-time record revenue and earnings period for the period ending June 25th, 2011.

Apple posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, in the year-ago quarter. Gross margin was 41.7 percent compared to 39.1 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

How many iPhones? 20.34 million iPhones, up 142 percent over a year ago. Similarly, Apple sold 9.25 million iPads, a 183 percent increase over the quarter.

As for Macs, 3.95 million were sold, which is up a smaller 14 percent over a year ago. As for iPods, they are on the decline as more iPhones and iPads have media playing capabilities: sales declined 20 percent this quarter over a year ago.

“We are extremely pleased with our performance which drove quarterly cash flow from operations of $11.1 billion, an increase of 131 percent year-over-year,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25 billion and we expect diluted earnings per share of about $5.50.”

Expect that estimate to be hysterically conservative three months from now.

Full press release here.

  • mai duc chung

    The usual idea is that you would use NFC to set up the link between the two devices and then do an automatic hand over to a different protocol for doing the actual transfer of data – eg Bluetooth,iphone 5