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Apple Reports Second Quarter Results 2011.04.21

Cupertino, California, USA - April 20, 2011 - Apple today announced financial results for its fiscal 2011 second quarter ended March 26, 2011. The Company posted record second quarter revenue of $24.67 billion and record second quarter net profit of $5.99 billion, or $6.40 per diluted share. These results compare to revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, in the year-ago quarter.

Apple Platforms and Technologies. iOS, Mac OS X, and Safari provide three amazing opportunities for developers to turn their concepts into reality. Built on the same core foundation, iOS and Mac OS X offer dynamic environments that will change what you thought was possible in software applications. With Safari, you can render today’s and tomorrow’s web applications the way they are meant to be seen.
Courtesy of Apple
 

Cupertino, California, USA - April 20, 2011

Apple® today announced financial results for its fiscal 2011 second quarter ended March 26, 2011.

The Company posted record second quarter revenue of $24.67 billion and record second quarter net profit of $5.99 billion, or $6.40 per diluted share.

These results compare to revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, in the year-ago quarter.

Gross margin was 41.4 percent compared to 41.7 percent in the year-ago quarter.
International sales accounted for 59 percent of the quarter’s revenue.

Mac OS X. Mac OS X is the world’s most advanced operating system, built upon a proven UNIX foundation. Using the Cocoa frameworks, amazing audio & video capabilities, and a host of incredible features, you’ll see just how easy it is to create gorgeous, feature-rich Mac OS X applications.
Courtesy of Apple
 
Apple sold 3.76 million Macs
during the quarter, a 28 percent unit increase over the year-ago quarter.

The Company sold 18.65 million iPhones in the quarter, representing 113 percent unit growth over the year-ago quarter.

Apple sold 9.02 million iPods during the quarter, representing a 17 percent unit decline from the year-ago quarter.

The Company also sold 4.69 million iPads during the quarter.

Safari for iOS, Mac, and Windows. With support for HTML5 video and audio tags, CSS animation, CSS web fonts, and HTML5 offline storage support, web developers can bring to life the next generation of rich, interactive web apps.
Courtesy of Apple
 
“With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” said Steve Jobs, Apple’s CEO.
“We will continue to innovate on all fronts throughout the remainder of the year.”

iOS. iOS is the world’s most advanced mobile platform, redefining what can be done with a mobile phone. For developers, the iOS SDK and Xcode tools make it possible to create revolutionary applications that will set the bar for the next generation of mobile applications.
Courtesy of Apple
 
“We are extremely pleased with our record March quarter revenue and earnings and cash flow from operations of over $6.2 billion,” said Peter Oppenheimer, Apple’s CFO.
“Looking ahead to the third fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $5.03.”

Apple will provide live streaming of its Q2 2011 financial results conference call beginning at 2:00 p.m. PDT on April 20, 2011 at

www.apple.com/quicktime/qtv/earningsq211  

This webcast will also be available for replay for approximately two weeks thereafter.

Graphics, Media, and Games. iOS and Mac OS X deliver an amazing lineup of technologies for developing cutting-edge games, innovative graphical applications, and platform-optimized audio and video experiences.
Courtesy of Apple
 
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software
.

Apple leads the digital music revolution with its iPods and iTunes online store.

Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.


Press Contacts:

Steve Dowling
Apple

dowling@apple.com
(408) 974-1896


Investor Relations Contacts:

Nancy Paxton
Apple

paxton1@apple.com
(408) 974-5420

Joan Hoover
Apple

hoover1@apple.com
(408) 974-4570


Source: Apple

http://www.apple.com/pr/library/2011/04/20results.html  



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