Apple reports record revenues

Apple’s powerhouse status in the consumer tech sector was reaffirmed last night with its reporting of Q3 revenues hitting $20.34bn – that’s up on the $12.21 seen the in same quarter last year and represents a new record for the company.

Net profit for the quarter was $4.31bn – up from $2.53bn the year before.

Throughout the period the firm sold an impressive 14.1m iPhone 4s. iPhone sales were up 91 per cent year-on-year. iPad sales hit 4.19m and iPod sales reached 9.05m.

We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings – both all-time records for Apple,” CEO Steve Jobs stated.

iPhone sales of 14.1 million were up 91 percent year-over-year, handily beating the 12.1 million phones RIM sold in their most recent quarter. We still have a few surprises left for the remainder of this calendar year.”

About MCV Staff

Check Also

[Industry news] Ludo.ai launches API and MCP beta to bring AI game asset creation into developer workflows

Ludo.ai, the AI game design and production hub, has released the beta of its new API and Model Context Protocol (MCP) integration, giving developers a faster way to generate production-ready game assets without breaking creative flow. The release enables indie developers, content creators and studios to integrate Ludo’s asset creation directly into everyday workflows, from AI assistants and IDEs to custom tools, build systems and automated pipelines.