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Apple Q3 2010 Report: Net Income Jumps 78% & Best Mac Sales Ever
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* New all time record for quarterly Mac sales.
* Highest quarterly profit ever. $15.7 billion 61% over the previous June.
* Net gain up 78% over a year ago.
* 33% year over year growth for Macs. We've outgrown the worldwide market.
* Double-digit Mac growth in all geographies.
* 9.4 million iPods vs . 10.2 mil a year ago
* iPod touch grew 48% year over year
* iPod share is over 70% most popular MP3 player in just about every single region we track
* iTunes store rev surpass $1 billion.
* 225,000 apps now over 11,000 applications for iPad
* Over 5,000,000,000 apps downloaded.
* 1.7 million iPhone 4s in the 5 primary countries.
* Powerful growth in Asia, Europe, and Japan for iPhone
* Around 100 million iOS devices out there currently
* 3.27 mil iPads in 10 countries
* Apple Store profit also a record. Revenue up 73% vs a year ago
* 50 percent of Macs sold in store are to new Mac shoppers
* We have 293 stores now
* Average 287 stores open Average revenue per store was $9 million
* 60.5 million visitors in our stores during the quarter.
* 24 new stores this quarter
* 39.1% gross margin down, but we knew this. Mainly due to iPad sales
* $45.8 billion in cash now.
* We will be giving free cases to all iPhone 4 buyers, so we are deferring revenue for this.
* This will be about $175 million deferral
* We expect revenues to be about $18 billion next quarter. 35% margins lower thanks to iPhone 4 and iPad sales and the cases.
Apple Q3 2010 Report: Net Income Jumps 78% & Best Mac Sales Ever
By: Sameh
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