Apple Registers Record iphone, ipad and mac sales

Apple recently announced its financial results for FY2010 4Q ended September 25, 2010. It posted revenue of $20.34 billion, a record revenue, and net quarterly profit of $4.31 billion, that comes to $2.77 per share. The company posted a gross margin of 36.9%. Last year it was 41.8%. The international sales of Apple accounted for 57% growth.

The company sold 3.89 million Macs in the quarter, which accounts to 27% unit increase compared to last year’s quarter. Apple also sold 14.1 million iPhones, 91% unit growth against last year’s same period. The company revealed 9.05 million iPods sales, which accounts for 11% unit drip from last year’s quarter. During this quarter, Apple sold 4.19 million iPads.

Apple’s CEO Steve Jobs said they made revenue of more than $20, and more than $4 billion in after-tax earnings. He added that both are all-time record for the company. Regarding the 91% growth in iPhone sales, Jobs said that there are more surprises to come in the remaining calendar year.

Apple’s CFO Peter Oppenheimer said the sales performance of the company has thrilled them that generated about $5.7 billion in cash flow this quarter. He added that in the first fiscal quarter of next year they are expecting revenue of around $23 billion and the diluted earnings is expected to be about $4.80 per share.
Apple is the global leader in designing Macs computers apart from OS X, iLife, professional software and iWork. The company also leads in digital music word with the product iPods and online store iTunes. The company is on the way of reinventing revolutionary iPhone. The recently launched iPad of Apple is a magical computing device, as per critics.