Apples Q3 profits top $3bn

Apple is reporting its net income for the past quarter came in at $3.25bn or 2.1bn.

For the three months ended June 26th, the firm’s revenues rose to $15.7bn – far exceeding forecasts of $14.75bn, according to the BBC.

This success was largely attributed to the success of the iPhone 4 – despite recent controversy over the device’s signal problems.

Total iPhones sales were up to 8.4 million, a 61 per cent improvement when compared to the same period last year. The iPad also managed to rack up 3.27 million sales in its first quarter on sales.

It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Apple CEO Steve Jobs.

iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.”

About MCV Staff

Check Also

Amazon Japan sells out of Xbox Series X|S preorders for a second time

In more encouraging news for Microsoft's ambitions in Japan, Amazon's second wave of pre-orders in the country have sold out in a matter of hours