Apple Q2 revenues hit $24.6bn – sells 18.6m iPhones, 4.7m iPads

Apple are beating the estimate’s it seems, Reporting there Q2 revenues with a whopping $24.6bn, With $5.99Bn the nice profit. Apple have sold approximately 18.6M iPhones, 4.7m iPads. Most being the new iPad 2. 9m iPods and 3.7m Mac computers.

“With quarterly revenue growth of 83pc and profit growth of 95pc, we’re firing on all cylinders,” said Steve Jobs, Apple’s CEO ‘“We will continue to innovate on all fronts throughout the remainder of the year.”

“We are extremely pleased with our record March quarter revenue and earnings and cash flow from operations of over US$6.2 billion,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter of 2011, we expect revenue of about US$23 billion and we expect diluted earnings per share of about US$5.03.”

The looks of things, Everyone that is high up is happy with the results of Q2 earnings and rightly so. Seeing the company sold 18.65 million iPhones in the quarter, representing 113% unit growth compared to last years Q2 revenue report. This seems to be the year for Apple. Although there iPod earnings have declined 17% compared to last year’s report. The iPod does seem to slowly be loosing its cool. More people are opting to getting the iPhone rather than an iPod.

Craig O'Sullivan

Creator of Passionate about Technology and always looking for that next cool gadget or app

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