iPhone outperforming BlackBerry

Apple say new 3G version has sold almost 7m

21 October 2008 23:22 GMT / By Stuart Miles

Apple's iPhone 3G has proved to be a success based on the latest figures from the company.

In the latest quarterly results, Apple has confirmed that it sold almost 7 million iPhones globally compared to just over 1m in the same period last year.

Unit sales of iPhone 3G have been significantly greater than sales of the first-generation iPhone. According to Apple during the first quarter of iPhone 3G availability 6.9 million units were sold, exceeding the 6.1 million first-generation iPhone units sold in the prior five quarters combined.

"Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone - we sold more phones than RIM", said Steve Jobs, Apple’s CEO.

However, while the company also managed to shift around 2.6 million mac computers (a rise of 21% over the year-ago quarter) and just over 11 million iPods, Steve Jobs, the company's CEO said there could be troubled times ahead:

"We don’t yet know how this economic downturn will affect Apple."

Peter Oppenheimer, Apple’s CFO added:

"Looking ahead, visibility is low and forecasting is challenging, and as a result we are going to be prudent in predicting the December quarter."

Overall figures showed that Apple posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share. These results compare to revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share, in the year-ago quarter. Gross margin was 34.7%, up from 33.6% in the year-ago quarter. International sales accounted for 41% of the quarter’s revenue.

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Comments

"Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone - we sold more phones than RIM"

This probably has more to do with launching a new product, from a single-product line-up than anything else. RIM have a BlackBerry in many pockets already, and many business users probably don't get to choose when they update, so it doesn't seem like a valid comparison... Posted by Sluttybuttfest, Alpha Centuri
I think what will be interesting is to see how RIM performs this quarter against the iPhone. RIM has the storm, the javelin and the flip, as well as the Bold, going on sale. With four handsets rather than one, I would be very surprised to see Apple continue to dominate. If it does, then that will really spell trouble for the Canadian smartphone maker Posted by stuartmiles, United Kingdom
I don think so. However Apple launched a very good looking and touch screen phone but Blackberry has different segment of market. And still Blackberry handsets as well as Blackberry accessories are in demand in the market. Posted by Dam Smith, United Kingdom