Apple Reports Record Stellar Quarterly Revenue Of $28.57 Billion

Apple Inc. (NASDAQ:AAPL) has reported their third quarter results today. The revenue and profit hit a record of $28.57 billion and $7.31 billion, respectively. During the same quarter one year ago, Apple reported $15.70 billion in revenue and $3.25 billion in profit. Apple’s international sales was 62% of the quarter’s revenue.

Apple sold 20.34 million iPhones during the third quarter, which represents 142% unit growth over the quarter one year ago. Apple sold 9.25 million iPads during the quarter, which is a 183% increase from a year ago. And Apple sold 7.54 million iPods, which is a 20% increase from a year ago.

“We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,” stated Apple CEO Steve Jobs. “Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall.”

[Apple PR]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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