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Apple flogs 5.2mil. iPhones in second quarter

Apple flogs 5.2mil. iPhones in second quarter

In the land of Apple where the sun always shines, second quarter profits were, of course, up.

Net quarterly profit rose to $1.23bn, compared to just over $1bn in the same period last year, while revenue topped $8.34bn, compared to $7.46bn in the year ago quarter.

And that’s just in accordance with recognised accounting standards. Because Apple recognises revenue and cost of goods for the iPhone “over its estimated economic life,” it reckons $1.94bn would be closer to its “adjusted net income.”

The number of iPhones sold during the quarter were 5.2 million, representing 626 per cent unit growth over the year ago quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year.

In June 2009, Apple began selling the iPhone 3GS, its third generation iPhone.


2 comments

  1. iPhone App Developer 27/07/2009 @ 5:11 pm

    The iPhone is looking unstoppable in the short to medium term.
    I don’t think Rim can compete with these numbers; even if they carry on their 2 for 1 they ran earlier in the year.
    5.2 million must put Palm’s future in question as well…

  2. vaporland 27/07/2009 @ 5:29 pm

    Everyone is focused on the iPhone 3GS, but the iPhone 3G is now only $99 through AT&T in the US.

    The week before the 3GS came out, my wife bought a 3G and dumped her Blackberry.

    She was so fed up with the BB & T-Mobile that she paid a $200 early termination fee to get rid of it.The plan she is now on is $20/month less that what T-Mobile offered for the Blackberry.

    I think the lower end sales of the 3G contributed significantly to Apple and AT&T’s results last quarter.

    A $99 iPhone is perceived as a bargain by the public at large, despite the long-term total cost of ownership.

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