Feeds

Apple tops $6bn in quarterly income

'Phenomenal,' says Jobs

3 Big data security analytics techniques

One day after saying that he'd would be taking an open-ended medical leave of absence, Apple CEO Steve Jobs announced that in the recently completed first quarter of his company's fiscal year, net income exceeded $6bn for the first time.

"We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” Jobs said in a prepared statement. "We are firing on all cylinders and we've got some exciting things in the pipeline for this year."

The $6bn figure – $6.004bn, if you prefer precision – is especially startling when compared to the same quarter last year, when net income was $3.4bn. Quick math: that's a 78 per cent jump.

Net sales for the quarter, which ended on Christmas day, were $26.7bn, up from $15.7bn in the year-ago quarter – a 70 per cent jump.

During the holiday quarter, Apple sold 4.13 million Macs, a 23 per cent increase, and 16.24 million iPhones, an 86 per cent leap. Another 19.45 million iPods were also snapped up by eager shoppers, a 7 per cent decrease – but, frankly who cares about that slippage, with iPhones taking over music-playing chores for Apple-kit fans?

The "magical and revolutionary" iPad continued to work its revolutionary magic on Cupertino's bottom line, with 7.33 million sold in the quarter. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.