Apple Registers Highest Ever Revenue & Profit

While the economic downturn and recession has hit nearly everyone, Apple seems to be surging on with its sales. Yesterday Apple announced its first fiscal quarterly earnings report and the figures are just amazing. It announced revenue of $10.17 billion and net quarterly profit of $1.61 billion.

Apple’s CEO Steve Jobs said, “Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history--surpassing $10 billion in quarterly revenue for the first time ever”. Apple sold 22,727,000 iPods (3% growth YoY), 2,524,000 Macs (9% growth YoY) and 4,363,000 iPhones (88% growth YoY).

Its amazing on how those iPods still sell like hotcakes and the demand still seems to go up. iPod Touch was added the line-up, but then the other iPods still have majority of the share. Apple sold a record number of MacBooks and they account for 71% of all Mac sales.