Home / Lifestyle / Mobile / Apple / Apples Q3 figures break records

Apples Q3 figures break records

Apple announced their earnings for the third fiscal quarter yesterday and once again, they have surprised analysts, surpassing even Wall Street's estimates.

Dan Gallagher reporting for Marketwatch said: “Shares of Apple rose nearly 2% in after-hours trading, after jumping nearly 2.6% to close at $251.89 late in the regular session. For the quarter ended June 27, the company reported earnings of $3.25 billion, or $3.51 per share, compared with earnings of $1.83 billion, or $2.01 per share, for the same period the previous year. Revenue jumped 61% to $15.7 billion.”

Steve Jobs - Apple CEO. Even the iPhone 4 debacle hasn't slowed them down

He went on to say “Analysts were expecting earnings of $3.11 per share on revenue of $14.75 billion, according to consensus forecasts from Thomson Reuters, Apple sold 3.27 million iPads for the period — roughly in line with the units predicted by analysts. Mac sales totaled 3.47 million units compared with expectations for 3.2 million units.”

Apple expect Q4 revenue to reach around $18 billion with earnings or $3.44 per share.

KitGuru says: Have you bought an Apple product this year? let us know what you think of Apple as a company in our forums.

Become a Patron!

Check Also

Apple Arcade

Apple Arcade to add 10 new games to its service

Apple Arcade is set to drop 10 new games onto its service over the next few weeks, including Final Fantasy and Trials of Mana.

2 comments

  1. iPhone 4 must have affected them however, I bet many lost sales were caused due to the antenna issues. maybe Q4 will reflect this more than Q3

  2. iPad sales will have helped them dramatically in Q3, I feel in Q4 iphone sales will be hit and ipad sales will be lowered as they cant maintain such huge sales over a 6 month peroid.

We've noticed that you are using an ad blocker.

Thank you for visiting KitGuru. Our news and reviews teams work hard to bring you the latest stories and finest, in-depth analysis.

We want to be as informative as possible – and to help our readers make the best buying decisions. The mechanism we use to run our business and pay some of the best journalists in the world, is advertising.

If you want to support KitGuru, then please add www.kitguru.net to your ad blocking whitelist or disable your adblocking software. It really makes a difference and allows us to continue creating the kind of content you really want to read.

It is important you know that we don’t run pop ups, pop unders, audio ads, code tracking ads or anything else that would interfere with the KitGuru experience. Adblockers can actually block some of our free content, such as galleries!