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Wednesday, 20 July 2011 09:53

Apple posts record quarterly profits

Written by Fudzilla staff


Sales up across the board
Apple has brought a smile to its shareholders’ faces and the market by posting some very strong quarterly earnings.

The outfit saw its revenues soar to $28.5 billion, up 90 percent year-on-year. Profits jumped to $7.3 billion, up 124 percent in the same period. The growth was fuelled largely by strong iPhone and iPad sales, although shipments of Macs increased, too.

Apple sold 20.3 million iPhones and 9.2 million iPads over the past quarters and CEO Steve Jobs says he was thrilled to deliver the best quarter ever. The market took the news in stride. Shares rose 6.2 percent and came close to the $400 mark for the first time in the company’s history.

Apple cautioned the market that its sales could stagnate over the current quarter, at least until the new iPhone is launched.

Fudzilla staff

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Comments  

 
-2 #1 hellfire 2011-07-20 11:40
waitin for "apple is bad" comments,eh? :-)
 
 
-3 #2 Warrior24_7 2011-07-20 15:40
Its impossible to keep attacking this company and seem credible. PC sales declined but Mac sales increased? The criticize but copy strategy is not working.
 
 
-3 #3 trajan2448 2011-07-20 16:09
My 4 year old mac book pro is as fast as the day I bought it, without any special housekeeping. My 3 year old DELL is noticeably slower despite defragging and all that other stuff. Apple OS is just better. I have a Droid and an Iphone. The Iphone interface kicks butt , smoother quicker less glitchy. Plenty of people use Apple products because they work. Its not a cult.
 
 
+3 #4 bardenck 2011-07-20 16:24
Quoting Warrior24_7:
Its impossible to keep attacking this company and seem credible. PC sales declined but Mac sales increased? The criticize but copy strategy is not working.



APPLE USERS ARE TOOOOLS.PERIOD.half the performance (mac, not iphone) for 4x the price??? mac sales increase for the same reason people have become addicted to childish facebook like mediums. apple is a fad product, no doubt they are taking full advantage of this worlds social zombies and doing well. pc is for REAL users, and android is better..one word...FLASH!!!

PS. right before you downvote me you will be thinking...he's right...i'm just a fanboy tool :cry:
 
 
+2 #5 Bl0bb3r 2011-07-20 17:10
Tools with deep pockets... that's why Mac's market share won't exceed 5%. iPhones are a bit different, but once the market is flooded, the sales will drop.

Anyway, the financial department had to boast... I'm curious in 5 years how much that department will be downsized.
 
 
+2 #6 Haberlandt 2011-07-20 19:55
Quoting Warrior24_7:
Its impossible to keep attacking this company and seem credible. PC sales declined but Mac sales increased? The criticize but copy strategy is not working.
Mac sales might have slightly increased while PC sales might have slightly decreased but that doesn't mean Mac sales surpassed PC sales.

Apple profits come mainly from iPads, iPhones and iPods, not from Macs, and not because those are good products, but because of what it means to have a product from apple (being a snob).

Macs can't really compete with PCs. Macs don't compete with PCs.
 
 
-2 #7 Warrior24_7 2011-07-20 23:51
Quoting bardenck:
APPLE USERS ARE TOOOOLS.PERIOD.half the performance (mac, not iphone) for 4x the price??? apple is a fad product, no doubt they are taking full advantage of this worlds social zombies and doing well. pc is for REAL users, and android is better..one word...FLASH!!!


Say it ain't so! A fanboy calling somebody else a fanboy! :D When will the fad end? :lol: Its been said that you can't argue with success. Why? Because those who do it are stupid. I guess the criticize but copy strategy isn't working!!

Quote:
PS. right before you downvote me you will be thinking...he's right...i'm just a fanboy tool :cry:



PS. I'm thinking ...he's a dumb@$$... I don't use up/down votes, they're for tools.
 
 
-2 #8 Warrior24_7 2011-07-21 03:11
Quoting Haberlandt:
Mac sales might have slightly increased while PC sales might have slightly decreased but that doesn't mean Mac sales surpassed PC sales.

Apple profits come mainly from iPads, iPhones and iPods, not from Macs, and not because those are good products, but because of what it means to have a product from apple (being a snob).

Macs can't really compete with PCs. Macs don't compete with PCs.


Riiiight ;-) Just like with consoles and console gaming. Its the same lame argument from the same lame people not living in reality! The PC is the best yet EVERYTHING is kicking its @$$! :D
 
 
-1 #9 trajan2448 2011-07-21 08:43
Listen to these idiots saying the same rubbish for the last few years. Meanwhile Apple's revenue are twice as big as Intel. What a bunch of jealous losers!
 

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