Thursday, May 24, 2012

Massive profits for Apple in Q3

Good news for Apple fans! Once again the time has come to marvel at the performances achieved by Steve Jobs and his team as Apple posted on the web its financial results for Q3 of this year. As a result, we find out that the profits for the Cupertino company increased by 125% in this quarter and the company was able to sell 20.34 million iPhone models. Very impressive results…as you can observe.
Apple in Q3 2011
Apple in Q3 2011
I wasn’t the only one that was surprised by these results as Apple has exceeded analysts’ expectations, which predicted that it will sell 16.5 million terminals in Q3. On the other hand, not only the iPhone is Apple’s flagship as its other iDevices also boast fantastic sales numbers. The iPad have exceeded expectations too, 9.25 million models being sold, while 3.95 million Macs found an owner in the same three months. If you are surprised by the fact that Apple was in the 3rd quarter of this year, keep in mind that we are talking about financial quarters here which don’t coincide with the calendar year.
Let’s take a closer look at other figures posted by Apple. The U.S. company has made in the last 3 months a revenue of $ 28.57 billion, of which the net profit is 7.31 billion. Compared to the 3rd quarter of 2010, the net profit has doubled. But not only Americans love Apple. The rest of the world has also embraced Steve Jobs’ products as international sales accounted for 62% of the revenues this quarter. With such a success, you can imagine that Apple doesn’t plan to stop. The list of “goodies” continues as Apple plans the launch of new MacBook Air and Mac Mini models and finally the OS X Lion. The latter will feature no less than 250 new features!

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