- CNTV English - CCTV News

Apple posts record quarterly revenue

07-21-2010 09:51 BJT

SAN FRANCISCO, July 20 (Xinhua) -- Apple Inc. on Tuesday posted record revenue in its most recent quarter, reflecting strong demands for the company's products such as iPad and iPhone.

During the three months ended on June 26, Apple's revenue surged to 15.7 billion U.S. dollars, compared with 9.73 billion dollars in the year-ago quarter.

Apple's net income reached 3.25 billion dollars in its fiscal third quarter, an increase of nearly 78 percent year-on-year.

Earnings per share for Apple was 3.51 dollars, compared with 2. 01 dollars per share a year earlier.

The results easily beat estimates. Analysts surveyed by Bloomberg had expected profit of 3.11 dollars per share on revenue of 14.7 billion dollars.

The recently launched iPad has become a new boost for Apple. The company said it sold 3.27 million units of iPad in the quarter since the tablet computer first went on sale on April 3.

A total of 8.4 million iPhones were sold, representing a 61- percent unit growth over the year-ago quarter.

Apple launched iPhone 4 on June 24 and the company earlier announced that it sold 1.7 million units of the latest model in first three days through June 26 when the fiscal third quarter ended, calling the new smartphone "the most successful product launch" in its history.

Apple said it also sold 3.47 million Macintosh computers during the quarter, representing a new quarterly record and a 33-percent unit increase over the year-ago period.

Sales of Apple's iPod media player continued to slide with 9.41 million units sold in the quarter, down eight percent from a year ago.

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program