FutureFive NZ - Apple posts best quarter ever

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Apple posts best quarter ever

Apple has posted its best quarter ever, announcing a record
profit of US$7.31 billion on the back of US$28.57 billion in revenue.

This eclipses analysts’ predictions of $24-25 billion in

The results are driven by huge increases in sales of
iPhones, up 142% to 20.34 million units, and iPads, up 183% to 9.25 million.

Announcing the results, Apple also revealed its new
operating system, Mac OS X Lion, will be made available tomorrow, following
weeks of anticipation.

Mac sales also rose, up 14% to 3.95 million. In a conference
call announcing the results, Apple CFO Peter Oppenheimer revealed half of these were sold to people
who had never owned a Mac before.

Looking forward, Oppenheimer remains
conservative, predicting revenue of about $25 billion for the next quarter.

Steve Jobs, Apple CEO, says in a statement that the company
will be focusing on delivering its iCloud and iOS 5 in coming months.

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