Jeff Campbell
07-20-2010, 11:07 PM
<div class='os_post_top_link'><a href='http://www.apple.com/pr/library/2010/07/20results.html' target='_blank'>http://www.apple.com/pr/library/201.../20results.html</a><br /><br /></div><p><em>"Apple® today announced financial results for its fiscal 2010 third quarter ended June 26, 2010. The Company posted record revenue of $15.7 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share."</em></p><p><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/lpt/auto/1279663486.usr105634.jpg" /></p><p><em>Image Credit: taranfx.com</em></p><p>Pretty good quarter for Apple, and the stock reacted by jumping up about $8.00 USD [<a href="http://www.macdailynews.com/index.php/weblog/comments/apple_aapl_demolishes_street/" target="_blank">link</a>]. The company as a whole had revenue of $15.7 billion USD with a profit during Q3 2010 of #3.25 billion USD. Quite the jump from Q3 2009 when the revenue was $9.73 billion USD and the profit was $1.83 billion USD. International sales were 52 percent of the revenue total, compared to 44% in Q3 2009 [<a href="http://www.apple.com/pr/library/2009/07/21results.html" target="_blank">link</a>]. The retail stores results were impressive as well posting a record 60.9 million visitors, up over 20% from the previous record [<a href="http://www.ifoapplestore.com/db/2010/07/20/retail-store-financials-hit-new-records/" target="_blank">link</a>].</p><p>This should help them pay for the cost of the free cases, expected to cost in the neighborhood of $175 million USD [<a href="http://feedproxy.google.com/~r/Mashable/~3/tfG6G5mwCpg/" target="_blank">link</a>]. </p>