Apple Revenue tops $20 Billion

By Mike L.
October 18, 2010
Apple logo
Apple logo -
Apple has reported quarterly revenues of $20 billion which is no easy feat and is more than what Google reports in a year.

  • iPhone sales hit 14.1 million units
  • 3.89 Million Macs sold
  • 9.05 Million iPods down 11% from same quarter last year
  • 4.19 Million iPads sold


The number of iPads could most likely be hindered due to the lack of units in stock and this number may rise next quarter once more of the devices are created and stock should be more readily available.

Apple has blown away analyst's expectations but now how is Apple going to meet its next quarter's $23 billion forecast? It is quite mind-boggling that Apple has turned itself around from a company that was near failure to turning itself into a stock that has a higher market value than Microsoft.

Interesting note is the drop of iPod sales of 11% which is the iconic device that turned the company around from rags to riches, but it could also be noted that with iPhone sales rising tremendously, it could explain the decline in sales for the iPod.

Apple's iPhone sales have shown that it has outside RIM's Blackberry by approximately 2 million units, but for a company like Apple to beat its current quarter, Apple will have to refresh it's Mac line and maybe come up with new products to wow its consumer base. But don't count out Apple right now but I'm betting the iPad sales will increase tremendously once it becomes more readily available and if the iPhone can be brought onto other networks in the US (Verizon maybe?) then more units will be sold.


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