Apple Earnings - iPad and iPhone Bring Record Profits

Cha Ching! Apple have once again broken their own earnings records thanks to a series of new product releases and strong sales of their Apple MacBook and Apple iMac range of computers. This was the first earnings call to include Apple iPad sales and it has made a huge difference!

Apple made a record $3.25 billion in profits from a record $15.7 billion in revenues. This was helped a great deal by 3.27 million iPad sales!! With the company stating that they sell every single iPad they make, and cannot make them fast enough for the demand of the tablet hungry public.


Mac sales are doing great as usual with 3.47 million Mac sales, which help demonstrate how popular the iPad has been, it's nearly equalled the sales of Mac computers on it's own. iPhone sales were up to 8.4 million, 61 percent higher than they were at the same time last year. All is looking good for Apple at the moment, with no sign of sales slowing down. The only product range that is dropping slightly is the Apple iPod range, but this due to the iPhone and iPad snapping up a bit of their market, they still sold a huge 9.1 million though, not too shabby!

With an iPod refresh expected in September we imagine sales will rise back up and with Steve Jobs saying "we have amazing new products still to come this year" you can expect Apple sales and stock to continue to increase. With such an incredible product line up and lots of money in the bank for research and development, there's never been a better time to buy a Apple computer.

Source: Apple