The financial results for the third quarter of the fiscal year of 2010 were announced by Apple and the company stated that it had recorded revenue of around $15.7 billion. The net quarterly profit of the company of the company was $3.25 or $3.51 per diluted share. The above results were compared to the revenue that was raked in by the company a year ago and they were $9.73 billion with a net profit of $1.83 billion and $2.01 per diluted share. The gross margin that was recorded by Apple was 39.1 % when compared to 40.9% in the previous year. The company had claimed that 52 % of the quarter revenue.
Apple had sold about 3.47 Macs in the quarter that had exceeded the expectations of the company. The most successful product according to Steve Jobs, the CEO of Apple was the iPhone 4. The company began with selling iPads in the quarter that also recorded total sales of 3.27 million. Steve Jobs also added that iPad started off with great success and more consumers are buying Macs and there are also some amazing products that are now in the pipeline. The company is also looking forward to more positive and rewarding results for the next quarter.
