Apple Reports Record Earnings

July 22, 2008 | by Christopher Nickson

Apple Reports Record Earnings

For the April—June quarter, Apple took in $7.46 billion, with profits of $1.07 billion — a new record for the company.

It’s another record for Apple, as the company took in $7.46 billion in the April-June quarter, for a profit of $1.07 billion. Unsurprisingly, Steve Jobs is a happy man.

“We’re proud to report the best June quarter for both revenue and earnings in Apple’s history,” he said. “We set a new record for Mac sales, we think we have a real winner with our new iPhone 3G, and we’re busy finishing several more wonderful new products to launch in the coming months.”

The iPhone 3G sold a million units on its first day, bit it was really the iPod and the Mac computer that pushed Apple’s earnings, with the Mac responsible for around $3.6 billion in revenues, and the iPod bringing in $1.67 billion. 43% of the company’s revenue came from outside the US.




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