Jeff Campbell
07-19-2011, 11:06 PM
<div class='os_post_top_link'><a href='http://gizmodo.com/5822778/apple-sells-20-million-iphones-and-9-million-ipads-en-route-to-record-earnings' target='_blank'>http://gizmodo.com/5822778/apple-se...record-earnings</a><br /><br /></div><p><em>"Apple just reported the kind of mammoth earnings that most companies only dream of in these dreary economic days: $28.57 billion of revenue resulting in $7.31 billion earnings, profits that were more than double a year ago. Yowza."</em></p><p><img height="355" src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1311112790.usr105634.jpg" style="border: 1px solid #d2d2bb;" width="600" /></p><p>Yowza indeed. Double the profits from the same time period last year. Record revenue of $28.7 billion. Record net profit of $7.31 billion. While not a record, the gross margin was up 2% from last year. Mac sales up 14% and 9.25 million iPads (183% growth) were sold to go along with the 20.34 million iPhones (142% growth) over the last three months. It appears the only thing that didn't sell as well or better than same time last year were the iPods, down 20% with 7.54 million devices sold. Can't wait to see what the numbers will be for the school year quarter. </p>