Apple Makes 9 Million From iPads & 20 Million From iPhone
In the third quarter earnings released by Apple, we can see huge sales number for iPad and iPhone.
20.34 million iPhones and 9.25 million iPads were sold during the quarter. There was a 142 percent and 183 percent increase compared to last year for the products respectively.
Apple now has over $75 in cash resulted from 14% year-over-year increase in Mac sales. Its quarterly revenue was pushed to $28.57 billion.
“We are thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent. Right now, we are focused and excited about bringing iOS5 and iCloud to our users this fall.”, said Apple CEO Steve Job.
The company has sold more than 25 million iPads now.In the previous quarter, only 4.69 million iPads were sold.
With the huge numbers, shares of Apple were trading up over 5% to $397 per share in after hours trading.