Apple Sold More Than 20 Million iPhones Last Quarter

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Apple has announced that during its most recent financial quarter it sold over just over 20 million iPhones, the most ever in a quarter. The company also set new records for revenue and net profit.

Apple iPhone 4Smartphone sales in the April-June period were up from the 18.7 million units sold in the previous quarter. Just 8.4 million iPhones sold in the same quarter of 2010.

This was the first full quarter since Verizon began offering the iPhone 4. Previously, AT&T had been the exclusive provider of Apple’s mobile devices in the U.S. This is surely responsible for some of the growth.

Sales of Apple’s iPad 2 tablet were up as well. The company moved 9.3 million units, up from 4.7 in the previous quarter. The iPod line is declining, however, down 20% year-over-year.

“We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,” said Steve Jobs, Apple’s CEO. The company pulled in $28.6 billion in revenue, leading to a net profit of $7.3 billion, or $7.79 per diluted share.

Looking Ahead
“Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall,” said Jobs.

Apple’s CEO was referring to the next version of his company’s operating system for smartphones and tablets, which is scheduled to debut this fall. The iPhone 5 is reportedly going to launch at the same time.




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