Thursday, August 5, 2010

Apple’s Revenue Lifted Thanks to iPad, Mac Sales

The iPad’s strong debut and the new iPhone’s popularity helped gadget manufacturer Apple achieve its best quarter ever, the company reported.

Apple’s sales soared to an astonishing $15.7 billion, which is 61% greater compared to the same period last year. Net income increased up to $3.25 billion, which is higher by 78% from last year.

In the second quarter, the electronics company sold 3.47 million Mac computers - more computers than it has ever sold in a three-month span. Apple also sold 3.27 million iPad tablet computers, which was released into the market on April 3, 2010.

The iPad returned $2.17 billion in revenues, which represents about 14% of the California-based company’s total income for the second quarter.

As stated by Apple CEO Steve Jobs, users love the revolutionary iPad and the company has more products up its sleeves to hit the market this year. The CEO added that more people are purchasing Macs than ever before.

As for the iPhone, 8.4 million units were sold during the quarter, which is up by 61% from more than a year ago. The latest version of the touch screen smartphone, the iPhone 4, went on sale on June 24, 2010 in five countries, although Apple has been receiving complains about poor reception because of the mobile device’s unusual antenna styling.