Apple Reports Most Profitable Quarter Ever; Sells Record Number of Macs and iPhones; Launching iPhone in China on October 30

iPhone 3G S performance comparison

Apple has just announced that their fourth-quarter profits rose more than 46% to $1.67 billion, or $1.82 per diluted share on sales of $9.87 billion making it their most profitable quarter ever.

You can checkout the highlights from Apple’s fourth quarter results after the jump.

Here are the highlights from Apple’s fourth-quarter results:

  • Apple’s fourth-quarter profits rose more than 46 percent to 1.67 billion, or $1.82 per diluted share on revenues of $9.87 billion as compared to net quarterly profit of $1.14 billion, or $1.26 per diluted share on revenues of $7.9 billion, in the year-ago quarter.
  • For the full year, Apple’s revenues grew by 12 percent and net income grew by 18 percent.
  • Apple sold 3.05 million Macs during the quarter. It was a 17 percent unit increase over the year-ago quarter.
  • Apple sold 10.2 million iPods during the quarter, which is a 8 percent decline over the year-ago quarter.
  • Apple sold 7.4 million iPhones in the quarter, representing a 7% increase over the year-ago quarter.
  • Apple’s CEO, Steve Jobs said: "We are thrilled to have sold more Macs and iPhones than in any previous quarter."
  • Apple will launch iPhone in China from October 30. Here are some more details about the launch of the iPhone in China:
    • Apple will have 1,000 points of sale to begin with.
    • Plans will range in price from $18/month to $100/month.
    • With higher-priced plans, users will get their iPhones for "free."
  • According to Apple’s COO Tim Cooks competition is really just trying to catch up with the 1st generation iPhone that was announced 2 years back. I wonder what Verizon, which started airing a new ad attacking Apple’s iPhone might have to say about it.
  • The demand for iPhone 3GS exceeded even Apple’s expectations.
  • Apple doesn’t expect wholesale price difference as they add more carriers in Canada and UK.

Let us know your thoughts on Apple’s most profitable quarter ever in the comments.

[via Apple]




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