March record quarter drives 83 percent sales growth, 95 per cent profit growth
Record iPhone sales grow up 113 percent
CUPERTINO, California-April 20, 2011-Apple ? today announced financial results for its fiscal year 2011 second quarter ended March 2011 on the 26. The company booked sales of 24.67 billion second quarter $ record and record second quarter net income of $5.99 billion or $6.40 per share with conversion. Compare these results with sales of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share in the year ago quarter. Gross profit margin was 41.4 per cent compared to the 41.7 per cent in the previous year quarter. International sales accounted for 59 percent of the turnover of the quarter.
Apple sold 3.76 million Macs in the quarter, a unit to increase 28 percent over the previous year quarter. The company sold 18.65 million iPhones in the quarter, 113 percent growth compared with the previous year is quarter. Apple sold 9.02 million iPods in the quarter, what a 17 percent unit decline from the previous year quarter. The company sold iPads also 4.69 million in the quarter.
"Trigger with quarterly revenue growth of 83% and profit growth of 95 percent we on all cylinders, are", said Steve jobs, Apple's CEO. "We will continue to innovation on all fronts in the rest of the year."
"We are extremely satisfied quarter of record sales and earnings and cash flow with our March out of business about $6.2 billion," said Peter Oppenheimer, Apple's CFO. "With a view to the third quarter of fiscal year 2011, we expect from about 23 billion $ and diluted earnings per share of approximately $5.03 expect."
Apple will provide live-streaming of the second quarter 2011 beginning April 2011 to www.apple.com/quicktime/qtv/earningsq211 financial results conference call at 2:00 pm PDT on May 20. In this webcast are also offered to play for about two weeks after that.
This press release contains forward-looking statements, the about the company estimated sales and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include the effect of market and economic factors and the company's response to these factors for consumers without limitation and companies buy decisions with respect to the products of the company; next competition on the market; the ability of the company to deliver to the market and customer demand for new programs, to promote products and technological innovations; the effect, the product introductions and transitions, change in product prices, or mix and/or increases in component costs could have on the company's gross margin; The inventory risk associated with the company's need to order or commit, product components in advance of customer orders; on acceptable terms or at all, for the companies currently by the enterprises of sole or limited sources get the continued availability of certain components and services; the effect that reliance on manufacturing and logistics services, may have made on quality, quantity or cost of the products of the company by third parties or services; Risks associated with international operations of the company; The company reliance on third party intellectual property and digital content; the potential impact of the finding violated the company on the intellectual property rights of third parties; Depending on the company's performance of distributors, airlines and other resellers of products of the company; the effect that could have on sales and operating profit product and quality problems; them to the service to continue and the availability of key executives and employees; War, terrorism, public health issues, natural disasters and other circumstances that delivery, requirements situation can; interfere with products and unfavourable results of other legal process. More information about potential factors that could affect financial results from time to time is in the "risk factors" and "1.1 discussion and analysis of financial condition and results of operations" sections of the company's public reports with the SEC 10-K for the year to end September stored included, including the company's form 25, 2010, its form 10-Q for the quarter to December 25, 2010, and its form 10-Q for the quarter ended 26 March 2011 at the SEC's website. The company assumes no obligation to update any forward-looking statements or information that are as of their respective talk.
Apple Macs developed the best PCs in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital media revolution with its iPod and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and app store and recently IOS has 2, the future of mobile media and computing devices.
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