Apple Reports Most Profitable Quarter Ever; Sells Record Number of Macs and iPhones; Launching iPhone in China on October 30

News | Monday October 19 2009 8:30 AM | Comments (0) Tags: , , , , , , , , , , , , , ,

Apple ’s fourth-quarter profits rose more than 46 percent to 1.67 billion, or $1.82 per diluted share on revenues of $9.87 billion as compared to net quarterly profit of $1.14 billion, or $1.26 per diluted share on revenues of $7.9 billion, in the year-ago quarter.
For the full year, Apple ’s revenues grew by 12 percent and net income grew by 18 percent.
Apple sold 3.05 million Macs during the quarter. It was a 17 percent unit increase over the year-ago quarter.
Apple sold 10.2 million iPods during the quarter, which is a 8 percent decline over the year-ago quarter.
Apple sold 7.4 million iPhones in the quarter, representing a 7% increase over the year-ago quarter.
Apple ’s CEO, Steve Jobs said: “We are thrilled to have sold more Macs and iPhones than in any previous quarter.”
Apple will launch iPhone in China from October 30. Here are some more details about the launch of the iPhone in China:
Apple will have 1,000 points of sale to begin with.
Plans will range in price from $18/month to $100/month.
With higher-priced plans, users will get their iPhones for “free.”
is really just trying to catch up with the 1st generation iPhone that was announced 2 years back. I wonder what Verizon, which started airing a
might have to say about it.
exceeded even Apple ’s expectations.
Apple doesn’t expect wholesale price difference as they add more carriers in Canada and UK.
Let us know your thoughts on Apple ’s most profitable quarter ever in the comments.

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