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Apple Posts Record Profit; iPad Sales Surpass Projections

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Cupertino, Calif. – Apple (NASD:  AAPL) posted a record profit of $6
billion in the last three months of 2010, generating $26.74 billion in revenues
on sales of 16.24 million iPhones, 7.33 million iPads, 19.45 million iPods and
4.13 million Macs. The iPhone sales figure represents an 86% increase over the
same period in 2009, while iPod sales were down 7% from the previous year.

The
iTunes Store also generated over $1.1 billion in revenues during the quarter.

Apple sold nearly 15 million iPads in 2010, blowing away analysts’ estimates,
which averaged 3.3 million and topped out at 7 million, TechCrunch noted,
citing a post on Asymco.

Research from IDC shows that nearly 17
million media tablets were shipped worldwide in 2010 — which the firm
attributed to demand for the iPad.

IDC said the iPad represented nearly 90% of
media tablets shipped in the third quarter of 2010.

The firm predicts that 44.6
million media tablets will be shipped worldwide in 2011, growing to 70.8
million units in 2012.

 

 

Related Links:
http://www.apple.com/pr/library/2011/01/18results.html

http://techcrunch.com/2011/01/19/nobody-predicted-ipad-growth

http://www.idc.com/about/viewpressrelease.jsp?containerId=prUS22660011

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