Apple has announced that it made $7.31 billion in the April-June quarter, its highest ever earnings for a three-month period, and more than double its quarterly profit twelve months ago.
Its revenue for the quarter was $28.57 billion, also a record. And it sold nearly three times as many iPads as it did in the same period last year, a total of 9.25 million. Mac sales rose by 14% to 3.95 million, the highest in any April-June quarter and iPhone sales clocked in at 20.34 million, an increase of 142%.
‘We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,’ said Steve Jobs, Apple’s CEO. ‘Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall.’
During a conference call with analysts, Chief Financial Officer, Peter Oppenheimer, announced that Lion would ship tomorrow, 20 July.
‘We are extremely pleased with our performance which drove quarterly cash flow from operations of $11.1 billion, an increase of 131 percent year-over-year, said Oppenheimer. ‘Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25 billion and we expect diluted earnings per share of about $5.50.’
