Apple iPhone Sales in Q3 Good, Not a Record

by Reads (3,512)

Apple has just announced the results for its most recent financial quarter. The company sold 26.9 million iPhones in Q3.

AppleWhile Apple was able to brag that its smartphone sales were up 58% year-over-year, during the same period of last year consumers were waiting for the release of the iPhone 4S. There was no mention of Apple setting a new record in handset sales.

Still, during a conference call with investors today, CEO Tim Cook pointed out that demand for the iPhone 5, which debuted near the end of Q3, is so high that the device is still backlogged weeks after its release.

U.S. carriers sold 9.3 million iPhones last quarter, so the remaining 17.6 million were sold internationally.

Overall Results

Apple sold 14.0 million iPad tablets last quarter, a 26% increase over the year-ago quarter. Sales of iPods continue to decline, while sales of Macs were up 1%.

The company’s total quarterly revenue was $36 billion, and it had a net profit of $8.2 billion. In the same quarter of last year, it had revenue of $28.3 billion and net profit of $6.6 billion.

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