Apple reports yet more staggering growth

The Eurozone crisis, global debt levels and international recession. None of which are terms respected by Apple.

The company last night reported revenue of $39.2bn for its fiscal Q2 – that’s up from $24.7bn in the same period last year. Profit shot up from $6bn to an incredible $11.6bn.

iPhone was the real winner for the company, with sales rocketing 88 per cent to 35.1m units. And the new-look iPad drove unit sales of that line up 151 per cent to 11.8m units.

That’s a total of 46.9m gaming devices sold in the space of three months.

In addition to these numbers, Mac sales hit 4m units, a climb of seven per cent. iPad sales fell 15 per cent to 7.7m units.

Unsurprisingly Apple’s already heady share price rose seven per cent on the back of the news, although that’s not enough to offset the 13 per cent fall its share price has suffered over the last few weeks.

About MCV Staff

Check Also

Q1 If both physical and digital formats were available at launch for a major release like GTA VI which format would you prefer to purchase [Industry news] For GTA VI Buyers, Choice Matters as Much as Format

[Industry news] For GTA VI Buyers, Choice Matters as Much as Format

A survey of more than 2,000 G2A.COM marketplace users found that preferences around major AAA releases are highly diverse. Asked how they would prefer to purchase a major release such as Grand Theft Auto VI (GTA VI), 38% selected a digital download and 37% a physical disc, while the remaining 25% expressed no preference or said they did not plan to buy the title.