Apple Bank Billions During Q3

July 21, 2010 | Andy Boxall

Apple Inc., iPhone News

Apple Bank Billions During Q3

Last night, Apple hosted a conference call to disclose their Q3 figures, from sales to revenue to profit.  Now, if the thought that this wouldn’t be a good three months for the company entered your head, then you haven’t been paying attention, as it includes a stack of iPad sales and the first set of iPhone 4s too.  How many of each?  Read on.

The iPad has now cracked three million sold, with the quoted total being 3.27 million, while Mac’s have remained steady at 3.47 million sales and 9.4 million iPod’s rushed out the door too.  They’ve sold 8.4 million iPhone’s too, a figure which isn’t as high as some estimates, but this is likely to be because not everyone who wants one can find one for sale.

All these sales have translated into a grand total of $15.7 billion in terms of revenue, with $3.25 billion of profit – both record-breaking results.  iTunes was responsible for $1 billion of that grand total and the online store now holds 225,000 applications, with the total amount of downloads now topping five billion!  Apple also informed us all that they have now sold more than 100 million devices running the iOS operating system.

Another interesting snippet of information is the amount of money that has been set aside to provide a free case to all those iPhone 4 users who request one; $175 million.  Serious scratch for you and I, but a relative drop in the ocean when your bank balance has just been increased to the tune of $3 billion.

There was also no sign of any adverse impact from the recent antenna problems suffered by the iPhone 4.  Apple COO Tim Cook said ‘we are selling every unit we can make’ and that his ‘phone is ringing off the hook’ with calls wanting further deliveries of the device.

Finally, a quote from Steve Jobs should keep us Apple fans happy, as he said ‘we have amazing new products still to come this year’.  Great!

(Source: Engadget, Silicon Alley Insider)