Apple posts surge in profit, sales

08:45, April 21, 2010      

Email | Print | Subscribe | Comments | Forum 

Apple Inc. on Tuesday reported that both of its profit and sales jumped in the most recent quarter, citing increasing demands for the company's smart phones and computers.

In Apple's fiscal 2010 second quarter ended on March 27, it earned 3.07 billion U.S. dollars, an increased of nearly 90 percent from 1.62 billion dollars in the same period a year earlier.

Earnings a share was 3.33 dollars, compared with 1.79 dollars in the year-ago period. Revenue in the quarter grew 49 percent year-on-year to 13.5 billion dollars.

The numbers of profit and sales both beat analysts' estimates. According to Thomson Reuters, analysts expected earnings a share of 2.45 dollars on revenue of about 12 billion dollars.

Apple said it sold 8.75 million iPhones in the most recent three months, representing a leap of 131 percent over the year-ago quarter. Sales of Macintosh computers also rose 33 percent to 2.94 million units, though iPod sales dropped one percent to 10.89 million units.

"We're thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent," Steve Jobs, Apple's chief executive officer, said in a statement.

"We've launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year," he added.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
  • Two metro trains in Shanghai collided Tuesday afternoon, and an identified number of passengers were injured in the accident, the Shanghai-based reported. Equipment failures were believed to have caused the crash on the Line 10 subway, Xinhua quoted local subway operator as saying.
  • An employee at a gold store in Yiwu, located in east China's Zhejiang province, shows gold jewelry on Monday.(Xinhua/Zhang Jiancheng)
  • Tourists ride camels near China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province, Sept. 24, 2011. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Actors perform royal dance at the Gyeongbok Palace in Seoul, Sept. 27, 2011. A ceremony commemorating the 38th South Korea Sightseeing Day was held in Gyeongbok Palace on Tuesday. (Xinhua/He Lulu)
Hot Forum Discussion