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Apple reports Q2 financials

21 April 2010 , Written by Dhruv Tanwar
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Apple has reported its financial results for its second quarter of fiscal 2010 that ended March 27, 2010.

Apple posted revenue of $13.5 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, as compared to revenue of $9.08 billion and net quarterly profit of $1.62 billion, or $1.79 per diluted share during the same period a year ago. Gross margin was 41.7 percent, up from 39.9 percent in the same quarter a year ago. Apple said international sales accounted for 58 percent of the quarter’s revenue.

Apple-logoCEO Steve Jobs said this was Apple's “best non-holiday quarter ever” with revenues up 49 percent and profits up 90 percent. Company CFO  Peter Oppenheimer said for the coming quarter Apple expects revenue in the range of about $13 billion to $13.4 billion and diluted earnings per share in the range of about $2.28 to $2.39.

 

Mac and iPhones sell well, iPods show marginal decline
During the quarter, Apple sold 2.94 million Macintosh computers, a 33 percent unit increase from the same period a year ago. It sold 8.75 million iPhones , marking a 131 percent unit growth over the year-ago quarter. Apple sold 10.89 million iPods during the quarter, representing a one percent unit decline from the year-ago quarter.

 

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