Apple posts its best ever second quarter earnings
There are some head-scratchingly impressive figures in Apple's second quarter financial results. The company posted a quarterly profit of $1.21 billion – up from a relatively measly $1.05 billion for the same period last year.
Helping to keep Steve Jobs in Converse trainers and polo neck shirts were the 11.01 million iPods sold – remember this is over a three month period – which represented a 3 per cent year-on-year growth.
Unsurprisingly sales of iPhones saw massive growth, the 3.79 million units sold representing a 123 percent rise compared to the previous year.
However, again perhaps unsurprisingly, iPhone 3G sales were down compared to the previous quarter, when loyal Apple-ites queued round the block to buy the new phone upon its release.
During the first quarter of iPhone 3G availability, ending September 27, 2008, 6.9 million units were sold. In this second quarter, which ended March 28, 2009, 3.79 million iPhones were sold.
“We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” said Peter Oppenheimer, Apple's CFO, no doubt with a smug grin firmly in place.
“Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about $7.7 billion to $7.9 billion.” Nice work if you can get it, eh?