“This week, Apple posted rosy third-quarter earnings highlighted by a 78 percent jump in profit to $3.25 billion from $1.8 billion a year ago. Revenue grew 61 percent to $15.7 billion, up from $9.7 billion last year,” Kaneshige reports. “‘Apple’s earnings growth was pretty darn impressive,’ says Gartner (IT) analyst Van Baker.”
“Apple’s quarter was driven on four fronts: Apple’s new iPad, Macs, iPhones as well as solid international sales,” Kaneshige reports. “Apple’s iPad has leapt out of the gate: Consumers gobbled up 3 million units in the first 80 days since its launch in April. It’s an entirely new product category with a sea of potential ahead of it. ‘Our guts tell us that this market is very large, and we believe that iPad is really defining it,’ noted Apple’s Cook.”
“One of the big surprises in Apple’s earnings report was the record-setting sales of Macs. Apple sold 3.47 million Macs during the quarter, a 33 percent growth from the year prior, beating the 22 percent PC industry growth rate,” Kaneshige reports. “Of course, another hot Apple product is the iPhone. Apple sold 8.4 million units in the quarter, 61 percent more than the same quarter a year ago. Apple’s new iPhone 4 was on sale for only three days before the quarter ended, which means many of the iPhones sold were iPhone 3G or 3GS models. Due to the leaked prototypes of the iPhone 4 during the previous quarter, many people no doubt put off purchasing an iPhone. Which, again, makes the iPhone sales numbers astounding.”
Read more in the full article here.
One word: Halo
here’s a thought,
at the introduction of the apple tv, steve jobs touted it as the “4th leg of the stool” for the company. the other 3 were mac, ipod and iphone.
the only declining unit sales announced this quarter were ipods. the only new product category announced were ipads. hmmm.
let’s replace the ipod with the ipad on that 4 legged stool, and what do we have? booming mac business, incredible iphone sales, and the very beginning of the ipad revolution. what’s left for apple to really focus on? apple tv.
apple won’t be running on all cylinders until they’ve won the living room with the new apple tv. that’s the next big thing.
it’s 11 PM here in my country but can’t wait to read MS financial report. If MS is really declining and get off enterprise market, then who will take over that market. If Apple is still slow in its supply chain, it won’t keep up the speed. Is google with a bunch of manufacturers fast enough? I am sure dominance in enterprise market will shift on this decade ahead, and it’s huge! Speed up apple.
I am with you Marcus.
Ove all my Apple related gadgets, I have to say that the weakest as far as offering/performance is indeed the Apple TV. It’s slow at times, buggy other times. It gets stuck on occasion. Apple needs to revamp it with more features and better hardware, but unfortunately, it is not completely up to Apple since it depends on content providers. Let see how things pan out.
Apple won’t take over enterprise until they learn how to do true evil. Once they Learn how to stab-in-the-back and lie and cheat, provide whores, liqour and bribes, then they will be up for the likes of dull and hp. Oh yeah, they gotta suck some serious c**k!
Waiting for R2 to come along and tell us that the Mac is dead. He likes to do that every time Apple has a record breaking quarter selling Mac’s. No shortage of idiots.
@Dijonaise
Yeah, I think so too. But google’s products all look ugly. I don’t want to put ugly stuff on my desk. Not a chance.
You all know that a larger and larger part of “the 22 percent PC industry growth rate” belongs to the Mac! To really see this, you have to pull apart the part of “the 22 percent” that is Macs. That number is closer to 20 percent. So, it is really 33 percent vs 20 percent other non Mac PC boxes!
So, it is really 33 percent vs 20 percent other non Mac PC boxes, then Macs are growing 65 percent faster. This number will jump from Windows users that get iPads and iPhones!
You all know that they are not counting iOS devices (iPads, iPod touch and iPhones) or AppleTVs as computers. Even Steve Ballmer called the iPad a computer!
@BurningZeppelin
Microsoft reported earning $16.04 billion for the quarter.
http://venturebeat.com/2010/07/22/microsoft-earnings-q4/
Yeah. But however apple seems to be making their way to enterprise/corporate market thru the lowest entry barrier: the small business http://www.macrumors.com/2010/07/22/apple-targeting-small-business-customers-at-retail-stores/