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The Member's Forum -> Computer Breaking News, Bulletins, and Announcements -> Apple Reports $3.07 Billion Profit for Q2 2010, Best Non-Holiday Quarter Ever
Post Info TOPIC: Apple Reports $3.07 Billion Profit for Q2 2010, Best Non-Holiday Quarter Ever
barney


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Apple Reports $3.07 Billion Profit for Q2 2010, Best Non-Holiday Quarter Ever
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Apple today announced financial results for the first calendar quarter and second fiscal quarter of 2010. For the quarter, Apple posted revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, compared to revenue of $9.08 billion and net quarterly profit of $1.62 billion, or $1.79 per diluted share, in the year-ago quarter. Gross margin was 41.7 percent, compared to 39.9 percent in the year-ago quarter, and international sales accounted for 58 percent of the quarter's revenue. The numbers represent the best non-holiday quarterly revenue and earnings in Apple history.

Apple shipped 2.94 million Macintosh computers during the quarter, a unit increase of 33 percent over the year-ago quarter. Quarterly iPhone unit sales reached 8.75 million, up 131 percent from the year-ago quarter, and the company also sold 10.89 million iPods during the quarter, representing 1 percent unit decline over the year-ago quarter.

Apple Reports $3.07 Billion Profit for Q2 2010

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