Apple Q3 results: iPhone maker continues to buck recession

21 July 2009 21:51 GMT / By Stuart Miles

Apple has announced its latest results on Tuesday continuing to buck the recession with an increase on the same quarter a year ago.

"The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion. These results compare to revenue of $7.46 billion and net quarterly profit of $1.07 billion in the year-ago quarter. Gross margin was 36.3 percent, up from 34.8 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter's revenue", the company said in a statement.

In real terms that equates to 2.6 million Macs sold during the quarter up presumably on the back of sales of its new 13-inch MacBook Pro.

However, the iPhone continues to eat into the company's popular iPod line. While the Cupertino based company still sold over 10 million iPods (around 111,000 a day) the number was down 7% on the previous year.

Also expected, the iPhone and iPhone 3GS proved to be a good money earner for the company with 5.2 million sold in the last 3 months.

Apple claims that it's a 626% increase on the previous year, however iPhone followers will quickly note that the iPhone 3G arrived in the US and UK in July, Apple's Q4.

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Biz, Apple, Results, Statistics