Apple has announced financial results for its fiscal 2010 first quarter ended 26 December 2009, posting revenue of $15,68-billion and a net quarterly profit of $3,38-billion, or $3.67 per diluted share.
These results compare to revenue of $11,88-billion and net quarterly profit of $2,26-billion, or $2.50 per diluted share, in the year-ago quarter.
Gross margin was 40,9%, up from 37,9% in the year-ago quarter. International sales accounted for 58% of the quarter’s revenue.
Apple sold 3,36-million Macintosh computers during the quarter, representing a 33% unit increase over the year-ago quarter. The company sold 8,7-million iPhones in the quarter, representing 100% unit growth over the year-ago quarter. It also sold 21-million iPods, representing an 8% unit decline from the year-ago quarter.
“If you annualise our quarterly revenue, it’s surprising that Apple is now a $50+ billion company,” says Steve Jobs, Apple’s CEO. “The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”