October 22, 2008 | Robert Nelson
Apple has reported their Q4 2008 financial results and things are looking good for Apple, with a big thanks going to the iPhone. Overall, Apple posted revenue of $7.9 billion and net quarterly profit of $1.14 billion.
Apple announced that Mac sales are at an all time high and that they shipped 2.6 million Macs during this past quarter, which shows a 21% increase over the same quarter a year ago. They also sold 11 million iPods which means an 8% growth from the same quarter last year.
As for sales of the iPhone, it looks like Apple has already surpassed their sales goals. Originally they had hoped to hit the 10 million mark by the end of the year, but they have already managed to hit that level, and still have a few months to spare. That 10 million mark was achieved in part due to high sales during this past quarter, Apple has stated they sold 6.9 iPhone 3G’s during Q3. Coincidentally that was more than the original iPhone sold (6.1 million) during the entire time it was on the market.
Other highlights of the announcement were that the iPhone 3G is now available at more than 30,000 locations across the world. Also, these sales numbers were enough to move them up to the number 3 slot for mobile phone suppliers, placing them behind Nokia and Samsung.
Aside from the iPhone itself, the App Store has also seen its fair share of success. Apple expects the 200,000,000th download to come any day now. Similar to how the iTunes music store helped the iPod they believe that the App Store will only help to sell additional iPhones in the future.