Apple Q3 2010 Financial Results


Apple has just reported the Q3 2010 financial results and it is quite something. They got a new record revenue of $15.7 billion and net quarterly profit of $3.25 billion. They also said that they had sold over, they have sold over 8.4 million iPhones, 9.41 million iPods 3.27 million iPads! 

It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.”

“We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2010, we expect revenue of about $18 billion and we expect diluted earnings per share of about $3.44

There is currently a live stream of this going on right now here where they are providing they Q3 2010 financial results on a conference call. 

Stay tuned for any more news on this.

My Twitter

Source Apple PR