CUPERTINO - Apple Inc. announced their wildly anticipated financial results on Tuesday afternoon for its fiscal 2009 third quarter ending June 27, 2009 blasting past analyst expectations with a 15 percent jump in profits.
The company heralded epic iPhone sales with 5.2 million units sold, representing a 626 percent increase over the year-ago quarter. Proving once again that there's no stopping Apple's mobile juggernaut despite tough economic times.
“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.”
The Company went on to report revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per diluted share, representing the best non-holiday quarter revenue and earnings in Apple's history.
Also of note was the increase in Mac sales up 4 percent from a year ago amounting to sales of 2.6 million units though iPod sales dropped 7 percent. International sales accounted for a hefty 44 percent of Apple's third quarter revenue.
[Read Entire Third Quarter Results] [Image by - Photo Giddy]
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Posted by: mckinley randle | November 12, 2009 at 12:19 PM