Apple posted record quarterly revenue of $28.57 billion in its fiscal 2011 third quarter ended June 25, 2011. These results compare to revenue of $15.70 billion in the year-ago quarter. Gross margin was 41.7 percent compared to 39.1 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue. Apple Reports Third Quarter Results The company sold 20.34 million iPhones in the quarter, representing 142 percent unit growth over the year-ago quarter. Apple also sold 9.25 million iPads during the quarter, a 183 percent unit increase over the year-ago quarter. The Company sold 3.95 million Macs during the quarter, a 14 percent unit increase over the year-ago quarter.
Apple sold 7.54 million iPods, a 20 percent unit decline from the year-ago quarter.
Just a couple of quick observations: iPad now is the second biggest revenue contributor for Apple, and Apple continues to show it is a "mobile device" company. Read more here.
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