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.

x

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 ...