Apple has posted better than expected results with
strong sales of both iPhones and Macs.
Its fourth quarter results, for the three months ending
September 26, saw revenue of $9.87bn and profit of $1.67bn.
This is an increase last year's figures, which were $7.9bn and
$1.14bn.
The growth was boosted by the iPhone, with 7% growth in units
sold from the same period last year. The company sold 7.4m of the
smart phones. Mac computers also performed well, with 3.05m units
sold - a 17% increase on a year ago. Sales of iPods fell 8% to
10.2m units.
Steve Jobs, Apple's CEO, said, "We are thrilled to have sold
more Macs and iPhones than in any previous quarter," said. "We've
got a very strong lineup for the holiday season and some really
great new products in the pipeline for 2010."
Despite the recession, Apple's revenue grew by 12% while profit
jumped by 18% in a year.
CFO Peter Oppenheimer said, "Looking ahead to the first fiscal
quarter of 2010, we expect revenue in the range of about $11.3
billion to $11.6 billion."
Smart phone sales have
boosted Apple's profits throughout the downturn, with sales
rocketing during 2009.