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Apple Reports Profit of $3.25 Billion in Q3 2010 on Record $15.7 Billion Revenue

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Apple today announced financial results for the second calendar quarter and third fiscal quarter of 2010. For the quarter, Apple posted revenue of $15.7 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, compared to revenue of $9.73 billion and net quarterly profit of $1.83 billion, or $2.01 per diluted share, in the year-ago quarter. Gross margin was 39.1 percent, compared to 40.9 percent in the year-ago quarter, and international sales accounted for 52 percent of the quarter's revenue.

Apple shipped 3.47 million Macintosh computers during the quarter, a unit increase of 33 percent over the year-ago quarter. Quarterly iPhone unit sales reached 8.4 million, up 61 percent from the year-ago quarter, and the company also sold 9.41 million iPods during the quarter, representing 8 percent unit decline over the year-ago quarter. The company also sold 3.27 million iPads during the products launch quarter.
"It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple's history with iPhone 4," said Steve Jobs, Apple's CEO. "iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year."
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Apple's guidance for the fourth quarter of fiscal 2010 includes expected revenue of $18 billion and earnings per diluted share of $3.44.

Apple will provide live streaming of its Q3 2010 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Article Link: Apple Reports Profit of $3.25 Billion in Q3 2010 on Record $15.7 Billion Revenue
 
Article Link
https://www.macrumors.com/2010/07/20/apple-reports-profit-of-3-25-billion-in-q3-2010-on-record-15-7-billion-revenue/
Excellent -- now let's get AAPL closer to $375!

Finally getting neck and neck with MSFT for quarterly revenue. MSFT should be $15.2B -- maybe a tad higher. It's a photo finish this quarter, but the stage is set for growth in Q4!
 
Oh capitalism... Sad to see regular people focused so hard on the profit of a single corporation (including the entire stock exchange, which is basically like betting on horse races). Also sad to see that corporation focused so hard on its own profits, neglecting quality or ideals where it doesn't make them more money.
 
broken-chaos said:
Oh capitalism... Sad to see regular people focused so hard on the profit of a single corporation (including the entire stock exchange, which is basically like betting on horse races). Also sad to see that corporation focused so hard on its own profits, neglecting quality or ideals where it doesn't make them more money.
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Feel free to hop the next flight to China, North Korea, or Venezuela.
 
Good for Steve, you greedy bastard!

I doubt AAPL will meet their 4th qtr forecast, imo.
 
How much of that came from $29.99 bumpers because Apple CSRs (customer service representatives) were told not to "appease" the angry customers with free bumpers? :rolleyes:

Ah, such an ethical company Apple is. Oh, but let's go back to trashing a Microsoft or a Google for earning a profit, shall we?
 
broken-chaos said:
Oh capitalism... Sad to see regular people focused so hard on the profit of a single corporation (including the entire stock exchange, which is basically like betting on horse races). Also sad to see that corporation focused so hard on its own profits, neglecting quality or ideals where it doesn't make them more money.
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Sad to see someone posting tripe on Mac Rumors who obviously doesn't even understand the basics of business.
 
3.47 million Macintosh computers
Apple still sells computers ?! :D

Anyway, thats a good number. Apple - don't forget them!

Nice to see >50% accounting for international sales.
 
broken-chaos said:
Oh capitalism... Sad to see regular people focused so hard on the profit of a single corporation (including the entire stock exchange, which is basically like betting on horse races). Also sad to see that corporation focused so hard on its own profits, neglecting quality or ideals where it doesn't make them more money.
Click to expand...

As my father would say, "You are a true Commie socialist supporter"
 
Jobs says "amazing new products to come this year"

gief new imac and mac pro, and they should be amazing
 
rickster2k said:
Hopefully those new products he mentions will be mac related.
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I'm going to bet that that this fall they introduce something that is larger than an iPod Touch but smaller than an iPad. The iPod Touch will be eliminated, similar to how they stopped making the mini iPod when the Nano's first came out.
 
Doesn't Apple usually forecast on the low end for the next quarter? Their numbers seem kinda high for next quarter, if I'm remembering this correctly.

As for the anti-capitalists in the crowd: you're what is wrong with America. Please leave now. We don't want you either!
 
broken-chaos said:
Oh capitalism... Sad to see regular people focused so hard on the profit of a single corporation (including the entire stock exchange, which is basically like betting on horse races). Also sad to see that corporation focused so hard on its own profits, neglecting quality or ideals where it doesn't make them more money.
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It's ironic that you use and [apparently] love products that are the result of capitalism that you so despise.
 
voldermort said:
How much of that came from $29.99 bumpers because Apple CSRs (customer service representatives) were told not to "appease" the angry customers with free bumpers? :rolleyes:

Ah, such an ethical company Apple is. Oh, but let's go back to trashing a Microsoft or a Google for earning a profit, shall we?
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Find a hobby.
 
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