7/22/2009 10:50:00 AM
Apple reports sales of 5.2 million iPhones this quarter
Apple sold 5.2 million iPhones in the quarter ended 27 June 2009, a 626% increase on the same period one year earlier. The manufacturer also reported record non-holiday revenue.
The high sales came at the same time the manufacturer introduced the new model of the iPhone, the 3GS, into the market in June 2009, while decreasing the cost of the older 3G model in anticipation of the launch.
Apple posted net profits of $1.23bn (£750m), in the fiscal third quarter to 27 June, from $1.07bn (£654m) one year earlier, for all products, including iPods and Macs.
Revenues rose to $8.34bn (£5.1bn) from $7.46bn (£4.56bn) year on year, a figure it claimed was ‘record non-holiday quarterly revenue’. Meanwhile, Apple said that 1.5 billion applications had been downloaded from the App Store.
Apple's chief financial officer, Peter Oppenheimer, said: ‘Looking ahead to the fourth fiscal quarter of 2009, we expect revenue in the range of about $8.7 billion to $8.9 billion.’
Apple's CEO, Steve Jobs, said: ‘We’re thrilled to have sold over 5.2 million iPhones during the quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year.’