Apple posts record results - PC Retail

Apple posts record results

Profits jump 47 per cent for Q4 2009
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Apple has posted $9.87 billion in revenue, and a net profit of $1.67 billion – a record set of quarterly results for the firm. The figures represent a 47 per cent profit jump overall.

The growth was driven by 3.05 million Mac sales (a rise of 17 per cent) and 7.4 million iPhone sales (up seven per cent).

Conversely, iPod sales were down eight per cent to 10.2 million.

“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

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