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Apple announces record quarter, $1.07 billion profit

Today Apple announced that during their third quarter they posted revenue of $7.46 billion and a net quarterly profit of $1.07 billion.

During the announcement, Apple chief Steve Jobs said that it was the their “best June quarter for both revenue and earnings in Apple’s history…we set a new 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.”

Some other highlights from the conference call included:

  • 38% grown in revenue over previous year-ago quarter
  • Highest quarterly Mac shipments ever
  • Apple’s share of total personal computers up to 19.5% in June
  • Best Mac quarter ever in US education
  • 11 million iPods sold; up 12% from a year ago
  • 1 million iPhone 3Gs sold in just three days
  • More than 900 applications now available in the App Store with 20% being free and 90% costing less than $10
  • Over 25 million apps downloaded from App Store so far
  • At retail stores, 476,000 Macs were sold with half going to new Mac customers
  • More new products coming this year (nothing specific was mentioned)
  • 170 Best Buy stores were added bringing the total to 570 that carry Mac’s, with the total expected to hit 600 by the end of summer

[Via Mac Rumors]

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