Home > News > Apple reports $3.38 billion profit for Q1 2010

Apple reports $3.38 billion profit for Q1 2010

Apple reported a $3.38 billion profit and $15.68 billion revenue for their first quarter of the year (Q1 2010).

From Apple’s press release: Gross margin was %40.9. International Apple sales account for %58 of the quarter’s revenue.

3.36 million Macs sold (%33 increase).

8.7 million iPhones sold (%100 increase).

21 million iPods sold (%8 decrease).

“If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company,” said Steve Jobs, Apple’s CEO. “The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”

You can listen to Apple’s financial results here.

Via The Loop.

Arabic version of this post on SaudiMac.net.

About Khaled A.


Check Also

Coverage of Apple’s October 22 Event

Apple will be holding a special event tonight at 8 pm Saudi time. Apple will ...

Official Saudi, Bahrain, UAE iPhone 5s and 5c launch date: November 1

Apple has announced that the iPhone 5s and iPhone 5c will be available in 35 ...