Yesterday Apple announced its quarterly financial earnings for Q1 2010 which ended on Dec 26th 2009, calling it a “Record Breaking” first quarter. In fact, the company reported it turned over $15.68 Billion in revenue, managing to sell a staggering 8.7 Million iPhones which saw a 100% unit growth, 3.36 Million Macintosh computers which saw a 33% increase over last quarter, and finally reporting it had sold just 21 Million iPods which represented a slight decline of 8% in unit growth.
In a press release statement posted on Apple.com, Steve Jobs CEO commented that Apple has now become a $50 Billion company, and looking forward to future product announcements (Ahem .. Tablet) and gearing up for the fiscal quarters that lie ahead, he doesn’t see that slowing down anytime soon.
“If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company. The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”
If this report suggests anything, it shows that despite the economic climate of 2009 and early 2010, Apple has boatloads of tenacity, managed to battle through it all, and is seeing, once again, a record breaking quarter in unit sales, especially in regards to its popular iPhone product line.Posted in: Blog
Tagged with: apple, Finance, quarterly report, Reports