Apple has just released its first quarter earnings for Fiscal Year 2010 ending on Dec 26, 2009. And guess what? Apple obviously posted significant growth in revenues. Apple’s total revenue is at $15.68 billion while net quarterly profit is at $3.38 billion or $3.67 per share.
Part of this revenue was due to the sale of the Macintosh computers, accounting for 3.36 million units sold, a 33% unit increase as compared to the same quarter last year. The iPhone too, managed to contribute to Apple’s overall growth with a 100% increase in unit growth compared to last year. Apple sold 8.7 million iPhone in the Q1 Fiscal 2010. The only product line that didn’t earn Apple quite well is the iPod family, representing an 8% decline from last year. Apple probably needs to come up with something new for its iPod products to renew consumer interest.
Of course, the biggest announcement from the earnings report was contained in Apple’s Steve Jobs statement:
“If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company. The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”
Any idea what that product may be? Of course, well all know what that is – it’s the Apple iSlate or Apple Tablet or the Apple iPad. Whatever it is going to be called, I’ve very certain that Apple is coming out with another killer product. Something that everyone would probably want to have.
And we will soon find out about that on the 27th.
Originally posted on January 25, 2010 @ 10:09 pm