Apple Announces Q2 Results

Posted: Apr 21 2010, 1:00am CDT | by , Updated: Aug 11 2010, 8:40pm CDT, in News | Apple

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Apple has announced its financials for Q2 ending in March and has unveiled record March revenue and iPhone sales doubled. The company posted revenue of $13.50 billion and a new quarterly profit of $3.07 billion or $3.33 per diluted share.

Gross margin for the quarter was 41.7% and that number was up from 39.9% in the same quarter of the previous year. International sales made up 58% of the revenue for the quarter.

Apple reports selling 2.94 million Mac computers for an increase of 33% compared to the same quarter of the previous year. The number of iPhones sold reached 8.75 million for 131% growth compared to the last year. 10.89 million iPods sold a decline of 1% from the same quarter the previous year.

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