Apple has another record quarter, sells plenty of iPhones
Today, Apple held its Q3 2011 financial results. As expected, it was yet another record quarter for the company, with a net profit of $7.31 billion from $28.57 billion in revenue. But that's not what you care about, unless you hold some stock in Apple. You care about how many iPhones it sold.
Well, that was quite a large amount. For Q3 of 2011, Apple sold 20.24 million units, up 142% from Q3 of 2010. That's an amazing achievement for only one year, and it seems as though this growth will not slow down anytime soon.
Quarterly earnings don't really mean much to the average geek. But quarterly sales, that's really where it's at for us. It also gives us some pretty good discussion topics, such as the one I'm about to give you. Do you think Apple deserved to sell this many iPhones given all the problems it's had? Discuss.
[MacRumors]
