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iPhone Sales More Than Double

By Staff Author | April 20, 2010

Apple has millions – and billions – of reasons to be happy with its fiscal second quarter results today, like 8.75 million iPhones sold in the quarter and a 131 percent iPhone unit growth rate over the year-ago quarter.

Apple’s revenue came in at $13.50 billion and net quarterly profit was $3.07 billion.

“We’re thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent,” said Apple CEO Steve Jobs in a statement. “We’ve launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year.”

In a conference call with analysts, company executives didn’t want to tip their hand for fear of giving competitors an advantage, so they didn’t elaborate on those “extraordinary products” in the pipeline. But they said they’re thrilled with the reception the iPad is getting in the United States since the Wi-Fi version hit shelves earlier this month. Apple’s fiscal second quarter ended March 27.

Apple says the Wi-Fi + 3G models of the iPad will be delivered to U.S. customers who’ve pre-ordered on April 30 and will be available in Apple retail stores the same day starting at 5 p.m.

 


Filed Under: Devices

 

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