Wrap-up: Apple’s Record Earnings Q3 Fiscal Results 2010

Last night (for Europeans), Apple posted its Q3 earnings for fiscal year 2010. And, I know this might sound as an old record going in loop, but Apple once again beat its own records with an amazing $15.7 billion in revenue and a profit of $3.35 billion. Apple was already the second most valuable company … Read more →

Apple Makes More Money On Cellphones Than Nokia & I’m Giving Up On My iPhone!

Apple has taken over Nokia, when looking at profit by selling cellphones, according to a recent study by Strategy Analytics. With operating profits in the third quarter of $1.6 billion (estimated by Strategy Analytics), they made more money by Nokia with $1.1 billion. Apple sold 7.4 million iPhones during the third quarter (July-September), generating sales … Read more →

Summary: Apple Q3 2009 Quarterly Financial Statement

Here’s a summary of some of the highlights from Apple’s Q3 2009 results, announced yesterday. Note that Apple’s fiscal year does not follow the calendar year, their fiscal year ends in September so their third quarter results are more like second quarter Apple call it their “Best Non-Holiday Quarter in Apple History” Apple turned over … Read more →