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Apple sold 3.8 million iPhones in Q1

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Apple has announced its financial results for the second fiscal quarter of 2009. The company racked up an impressive $8.16 billion in revenue, with a net quarterly profit of $1.21 billion, or $1.33 per diluted share.

The company racked up an impressive $8.16 billion in revenue, with a net quarterly profit of $1.21 billion, or $1.33 per diluted share. Revenue was up from $7.51 billion in the year-ago quarter, while net quarterly profit rose slightly from the previous figure of $1.05 billion. International sales accounted for 46 percent of the quarter's revenue.


The Cupertino giant managed to sell 3.79 million Iphones, which represented 123 percent unit growth over the year-ago quarter. The company also sold 11.01 million iPods, which indicated a three percent unit growth. However, Macintosh sales decreased to 2.22 million, registering a three percent drop compared to the year-ago quarter.

"We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history," said Peter Oppenheimer, Apple’s CFO. "Apple's financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet. Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about $7.7 billion to $7.9 billion and we expect diluted earnings per share in the range of about $.95 to $1.00."

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