Apple reports 2011 Q3 earnings: $7.31b profit, $28.57b revenue, Macs up 14%, iPhones up 142%, iPads up 183%, iPods down 20%

Apple’s 2011 third quarter financial results are in and it’s reporting its best quarter ever. Apple posted a $7.31 billion profit on $28.57 billion in revenue.  Compare this to one year ago, that’s up from a profit of $3.25 billion on $15.70 billion in revenue.  Says CEO Steve Jobs: “We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent. Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall.”

Now let’s break it down by product category.  Apple sold 3.95 million Macs during the quarter (representing a 14 percent unit increase over the year-ago quarter); a whopping 20.34 million iPhones (representing a 142 percent unit growth); 9.25 million iPads (representing a 183 percent unit growth); and 7.54 million iPods (representing an 20 percent unit decline).

Looking ahead to the third quarter, Apple CFO Peter Oppenheimer expects revenue of about $25 billion and diluted earnings per share of about $5.50.

[Via Apple]

Leave a Reply

Your email address will not be published. Required fields are marked *