Apple reports record results

The sad news of Steve Jobs’ departure has been quickly forgotten at Apple as the leading lifestyle technology company reported record results for the three months ending December 2008.

Apple sold 7.3bn worth of products in the period, making 1.1bn of profit in the process – both results were all-time highs for the period.

Sales of every single product line were up, with iPhone in particular performing strongly. 4.4 million units of Apple’s mobile phone were sold – a huge 88 per cent up on the same period in 2007. Mac sales also climbed by nine per cent, hitting 2.5m units.

There’s life left in the iPod too, with a staggering 22,727,000 units shifted in the period – up three per cent on 2007. The company added that non-US sales now account for 46 per cent of its overall total.

Our outstanding results generated over $3.6bn in cash during the quarter,” Apple CFO Peter Oppenheimer stated. Looking ahead to the second fiscal quarter of 2009, we expect revenue in the range of about $7.6 billion to $8 billion.”

About MCV Staff

Check Also

[From the industry] Five women-led games received an Innovate UK Award

Five women-led games from across the UK have received a national award from Innovate UK