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.”