Apple Has Record 3Q Sales

Company had best June ever bolstered by iTouch and iPhone.

Last Updated: July 21, 2009 @ 3:27 PM

Press release:

 

CUPERTINO, California—July 21, 2009—Apple today announced financial results for its fiscal 2009 third quarter ended June 27, 2009. The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per share.

 

These results compare to revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per share, in the year-ago quarter. Gross margin was up from 34.8 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter’s revenue.

  

Apple sold 2.6 million Macintosh computers during the quarter, representing a four percent unit increase over the year-ago quarter. The Company sold 10.2 million iPods during the quarter, representing a seven percent unit decline from the year-ago quarter. Quarterly iPhones sold were 5.2 million, representing 626 percent unit growth over the year-ago quarter.

 

“We’re making our most innovative products ever and our customers are responding,” said Steve Jobs, Apple’s CEO. “We’re thrilled to have sold over 5.2 million iPhones during the quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year.”

 

“We’re extremely pleased to report record non-holiday quarter revenue and earnings and quarterly cash flow from operations of $2.3 billion,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2009, we expect revenue in the range of about $8.7 billion to $8.9 billion and we expect diluted earnings per share in the range of about $1.18 to $1.23.”