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Star Trek's Renaissance Man Leonard Nimoy, dead at 83

Leonard Nimoy, Star Trek's Renaissance Man, Dead at 83

Apple Watch Will Ditch the Car Keys and Remind Users to Exercise

Apple Watch Will Ditch the Car Keys and Remind Users to Exercise

HTC M9 goes official with 20 MP camera and new color options

HTC M9 Goes Official with 20 MP Camera and New Color Options

Huawei Unveils its Watch along with  TalkBand B2 and TalkBand N1

Huawei Unveils Its Watch along with TalkBand B2 and TalkBand N1

Samsung has raised the bar with the all new Galaxy S6 and Galaxy S6 Edge

Samsung Has Raised the Bar with the All-New Galaxy S6 and Galaxy S6 Edge

Apple can afford to launch iPhone 5 in Fall with iPhone 4 Sales like this

Apr 21 2011, 9:00am CDT | by , in News | Apple

Apple can afford to launch iPhone 5 in Fall with iPhone 4 Sales like this

Apple sold 18.65 million iPhones in the last quarter. That is more than double compared to the year-ago quarter.

Apple announced stellar earnings again yesterday for their 2nd quarter. The company achieved a revenue of $24.67 billion (up 83% compared to the year-ago quarter) and record second quarter net profit of $5.99 billion, or $6.40 per diluted share. These results compare to revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, in the year-ago quarter.

The Apple iPhone sales reached 18.65 million (up 113% compared to the year-ago quarter). It is amazing that Apple is still able to sell that many iPhones as the latest new release was almost a year ago. Not only is the iPhone 4 still selling well, but also the iPhone 3GS. At $50 the 3GS seems (according to Earnings Call Q&A protocol on TechCrunch) to find a lot of fans. The iPhone is growing in the US, but even more so in China.

With this strong sales performance Apple can afford to not launch a new iPhone on the regular June schedule. As reported Apple is rumored to be moving the iPhone 5 launch to September to hit up the ever so important Q4 Holiday and Black Friday sales season.

The iPhone 5 is supposed to feature the new A5 CPU found in the iPad 2, run iOS 5, slightly larger display, dual mode communication chip (GSM and CDMA) and 64GB option.

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