Tuesday, October 19, 2010
Posted by Jeff Campbell in "Apple News" @ 07:30 AM
"Apple reported Monday that it brought in a record $20.3 billion in revenue during the September quarter, the company's fiscal fourth quarter, and a record $4.34 billion in profit. That's up 67% year-over-year in revenue and up 73% year-over-year in earnings."
This didn't stop the stock from dropping about 5.6% yesterday to final price of $318.00 USD per share, but the stock had quite the run leading up to the financial conference call yesterday. Among the highlights yesterday besides the revenue of course, were that they sold a record 3.89 million Macs (up 27% from previous year), 14.1 million iPhones (up 91% from previous year) and 4.19 million iPads. The only downer was the sales of 9.05 million iPods (down 11% from last year). The biggest highlight for some was the fact that Steve Jobs made an appearance in the call, saying "we have a few surprises left for the remainder of this calendar year." I can't wait until tomorrow can you?