In For the quarter ending in June, Apple has reported a net income of $7.3 billion, or $7.79 per diluted share, on $28.6 billion in sales. This is much ahead of the consensus estimate of $5.5 billion, or $5.84 per share, on $25.0 billion in sales compiled by Thomson Reuters.
The higher profits are mostly due to soaring iPhone and iPad sales. During the quarter, Apple sold 20.34 million iPhones. This represents a 142 percent unit growth over the year-ago quarter. The number of iPads sold is 9.25 million, which means a 183 percent unit increase over the year-ago quarter.
Even the sale of Macs is significantly up. 3.95 million Macs were sold in the quarter, which is a 14 percent unit increase over the year-ago quarter. Only the sale of iPods has seen a decline. The total number of iPods sold stands at 7.54 million, a 20 percent unit decline from the year-ago quarter.
In a statement released to the press, Apple Chief Steve Jobs said, Were thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent. Right now, were very focused and excited about bringing iOS 5 and iCloud to our users this fall.
For the quarter ending in September, Apple Chief Financial Officer Peter Oppenheimer promised investors diluted earnings of about $5.50 on sales of roughly $25 billion.
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