Feeds

Apple profits up 15 per cent (again)

5.2 million iPhones sold

Secure remote control for conventional and virtual desktops

The global economic Meltdown may be tightening belts worldwide, but they're not feeling the squeeze in Cupertino.

Apple announced Tuesday that its third fiscal 2009 quarter, which ended on June 30th, saw the company's year-on-year quarterly revenue rise to $8.34bn and its net quarterly profit to $1.23bn. That's up from $7.46bn and $1.07bn in the same quarter last year, an increase in profits of a hair under 15 per cent.

Apple's previous quarter wasn't too shabby either. It saw an increase in profits of 15.2 per cent, year-on-year, with revenue of $8.16bn and net income of $1.05bn.

The numbers don't lie: Apple is on a roll.

Perhaps Apple's numbers reflect what Intel's CEO Paul Otellini suggested during his company's earnings report last week: that the industry is beginning to benefit from "improving conditions in the PC market segment."

That certainly seems true for such tech-industry big boys as Otellini's Intel and Google, which reported that their recent quarters had seen a $1bn pre-EU-fine profit and a $1.48bn profit, respectively.

Apple quarterly numbers were juiced by a 2.6 million Macs sold during the quarter, a four per cent increase over those of the same quarter last year.

Sales of the iPhone increased as well, with 5.2 million sold during the quarter. That's a 626 percent unit growth over the year-ago quarter, even though the iPhone 3GS didn't hit the market until June 19th, less than two weeks before the quarter's end.

It's introduction, it appears, has been a success - so much so that Apple says over a million were sold in its first weekend of its availability.

Peter Oppenhimer, Apple's CFO, projects that the good times will continue to roll. "We’re extremely pleased to report record non-holiday quarter revenue and earnings and quarterly cash flow from operations of $2.3 billion," he said in a canned statement. "Looking ahead to the fourth fiscal quarter of 2009, we expect revenue in the range of about $8.7 billion to $8.9 billion." ®

New hybrid storage solutions

More from The Register

next story
Apple iPhone 6: Missing sapphire glass screen FAIL explained
They just cannae do it in time, says analyst
Half a BILLION in the making: Bungie's Destiny reviewed
It feels very familiar - but it's still good
Oh noes, fanbois! iPhone 6 Plus shipments 'DELAYED' in the UK
Is EMBIGGENED Apple mobile REALLY that popular?
Apple's big bang: iPhone 6, ANOTHER iPhone 6 Plus and WATCH OUT
Let's >sigh< see what Cupertino has been up to for the past year
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's SNEAKY plan: COPY ANDROID. Hello iPhone 6, Watch
Sizes, prices and all – but not for the wrist-o-puter
Get your Indian Landfill Android One handsets - they're only SIXTY QUID
Cheap and deafening mobes for the subcontinental masses
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.