Apple posts record quarterly revenue

Super strong results from Apple today for their third-quarter (to the end of June) period.

The Company posted record revenue of $15.7 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share.

These results compare to revenue of $9.73 billion and net quarterly profit of $1.83 billion, or $2.01 per diluted share, in the year-ago quarter.

Gross margin was 39.1 percent compared to 40.9 percent in the year-ago quarter.

International sales accounted for 52 percent of the quarter’s revenue.

You can find the full press release here, but below are some of the edited highlights:

• New all time record for quarterly Mac sales.
• Highest quarterly revenue ever. $15.7 billion — 61% over the previous June.
• Net income up 78% over a year ago.
• 33% year over year growth for Macs. We’ve outgrown the global market.
• Double-digit Mac growth in all geographies.
• 9.4 million iPods versus 10.2 million a year ago
• iPod touch grew 48% year over year
• iPod share is over 70% — best selling MP3 player in nearly every country we track
• iTunes store rev exceeded $1 billion
• 225,000 apps — now over 11,000 apps for iPad
• Over 5,000,000,000 apps downloaded.
• 1.7 million iPhone 4s in the 5 initial countries.
• Strong growth in Asia, Europe, and Japan for iPhone
• Over 100 million iOS devices out there now
• 3.27 million iPads in 10 countries
• Apple Store revenue also a record. Revenue up 73% versus a year ago
• Half Macs sold in store are to new Mac customers
• 293 stores now
• Average 287 stores open — Average rev per store was $9 million
• 60.5 million visitors in our stores during the quarter.
• 24 new stores this quarter
• 39.1 percent gross margin — down, but we knew this. Mainly due to iPad sales
• $45.8 billion in cash now
• Will be giving free cases to all iPhone 4 customers, so we’re deferring revenue for this.  This will be about $175 million — deferral
• Expect revenues to be about $18 billion next quarter. 35% margins — lower due to iPhone 4 and iPad sales — and the cases.