Wednesday, July 20, 2011

Apple announces Q3 2011 earnings: $7.31b profit on $28.57b revenue, iPhone, iPad sales way up

CEO succession controversy or not, Apple just announced its Q3 2011 results, and they're as solid as expected: Cupertino posted yet another record quarter, with a 125 percent jump in profits to $7.31b on an 82 percent increase in revenue to $28.57b. iPhone sales were up 142 percent over last year with 20.34m sold, and the iPad 2 was a success as well, with sales up 183 percent to 9.25m sold. Apple also sold 3.95m Macs, up 14 percent from last year, and the iPod decline continued apace with 7.54m representing a 20 percent decrease.

Source: http://thisismynext.com/2011/07/19/apple-announces-q3-2011-earnings-7-31b-profit-28-57b-revenue-iphone-ipad-sales/

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