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Discussion Starter · #1 ·
Apple has put out a media alert for their FY 11 Second Quarter Results. Results get posted tomorrow at 2:00 PM PDT / 5:00 PM EDT.

Apple will provide live audio streaming of their Results via QuickTime streaming. The live webcast will begin at 2:00 p.m. PDT on April 20, 2011 at www.apple.com/quicktime/qtv/earningsq211

Curious to see just how many iPad 2's were sold. I bet it will be another blockbuster quarter for them. Apple has been firing on all cylinders for awhile now. I always like seeing the report on just how much money they have in the bank. They could probably buy a medium sized country by now. :D
 

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Reported from Apple's results: 3.76 million Macs during the quarter, a 28% increase over the year-ago quarter.

18.65 million iPhones were sold in the quarter, representing 113% unit growth over the year ago quarter.

4.7 million iPads sold this quarter.
 

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Discussion Starter · #5 ·
Apple Reports Second Quarter Results

Record March Quarter Drives 83 Percent Revenue Growth, 95 Percent Profit Growth
Record iPhone Sales Grow 113 Percent

CUPERTINO, California—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.

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.

“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.”

“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.”
 
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