Thursday, April 21, 2011

Apple's quarterly revenue up 83%, net profit up 95%

This is a summary of Apple's Q2 results vs year ago (from Apple's press release)

Revenue of $24.67 billion vs $13.50 billion (up 83 percent)
Net profit of $5.99 billion vs  $3.07 billion (up 95 percent)
EPS of $6.40 vs $3.33

Macs sold = 3.76 million Macs (28 percent unit increase)
iPhones sold = 18.65 million  (113 percent unit growth)
iPods sold = 9.02 million iPods (17 percent unit decline)
iPads sold = 4.69 million iPads

“We are extremely pleased with our record March quarter revenue and earnings and cash flow from operations of over $6.2 billion,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $5.03.”

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Bryan Goh said...

Hi Jimmy,

Tim Cook also said that they will be shipping the iPads to 13 countries next week. Hopefully Singapore is one of them! Now left to wait for the actual date...:)

Jimmy Yap said...

@Bryan Goh: I'm pretty sure Singapore is!

Daniel Bryan said...

Apple keeps posting profit benchmarks. I thin it is due to the strong commercial base of their products and the soon to be implemented cloud.
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Helen said...

Apple is continuously breaking grounds in technology industry. Their competitors are completely left behind in the race of making marketable quality products.
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Suzy Thompson said...

Apple has grown even bigger compared to how it was back in the 90's. I hope they can continue this despite of Steve Jobs' passing.

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Ryan Donovan said...

This just shows how Apple is on top right now. The revenue is high, and I have a feeling that it'll increase even more in the upcoming years.

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