Apple makes net quarterly profit of $3.07 billion

The Company posted revenue of $13.50 billion and net quarterly profit of $3.07 billion.

Apple sold 2.94 million Macintosh computers during the quarter, representing a 33 percent unit increase over the year-ago quarter.

Apple will provide live streaming of its Q2 2010 financial results conference call beginning at 2:00 p.m. PDT on April 20, 2010 at www.apple.com/quicktime/qtv/earningsq210/. This webcast will also be available for replay for approximately two weeks thereafter.
The Company sold 8.75 million iPhones in the quarter, representing 131 percent unit growth over the year-ago quarter.

Also they have sold 10.89 million iPods during the quarter, representing a one percent unit decline from the year-ago quarter.
These results compare to revenue of $9.08 billion and net quarterly profit of $1.62 billion, or $1.79 per diluted share, in the year-ago quarter. Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.

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