Apple had another monster quarter for its third-quarter and the company exceeded expectations for sales of its iPhone and iPad on its way to $28.57 billion in revenue.
The company sold 20.34 million iPhones in the quarter and I’d imagine that the bulk of these were old models.units but I’m sure that it gets many sales from cheaper versions of
The iPhone sales figure is quite impressive considering the company didn’t have a new model this year to boost things. We’re still expecting the next iPhone to land in a few months (possibly multiple versions of it) and it’s kind of crazy to think how many phones it will sell next quarter.
“We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,” said Steve Jobs, Apple’s CEO, in a prepared statement. “Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall.”
The iPad 2 continues to do well, as Apple sold 9.25 million units of its tablet in the quarter. Apple has the great problem of not actually being able to make enough of these tablets to keep up with demand, as other device makers would likely be happy to sell more than 9 million tablets in a year.
Apple didn’t tip its hand about new models of the iPad or iPhone, even though we know each is coming. We’ll be hopping on the earnings call in a few minutes, so we’ll see if the company can shed some more light on what we can expect.
Sell Your Old Cell Phone for Cash
Select your device below to begin:
Buy a New Cell Phone
Best Sellers from AT&T
New Releases from AT&T
See all cell phones from AT&T
Best Sellers from Sprint
New Releases from Sprint
See all cell phones from Sprint
Best Sellers from Verizon
New Releases from Verizon
See all cell phones from Verizon