New Earning Record for Apple - 50% increase for the 4th Quarter

Apple today announced financial results for its fiscal 2010 first quarter ended December 26, 2009. The Company posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion. It sold 3.36 million Macintosh computers during the quarter, representing a 33 percent unit increase over the year-ago quarter.

The Company sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter. Apple sold 21 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter.

More Stats :

• Record Breaking Quarter - $15.68 Billion
• 3.38 billion net revenue
• $3.57 earnings per share
• 33% year over year growth in Mac sales year over year.
• Sold 21 million iPods
• iPod touch up 65% year over year
• Over 3 billion app downloads in 77 countries
• 8.7 million iPhones sold
• 100% increase in sales over year prior quarter
• Value of those iPhone sold is 5.4 billion
• Added in 17 new carrier/markets
• Huge percentage of major corporations are using or trialing iPhones for deployment. 100% increase since the release of the iPhone 3GS
• Retail Stores $1.97 Billion in revenue
• 283 Stores in 10 Countries
• Average per store sales for quarter- 7.1 million
• Over 40% total gross margin
• Cash 39.8 Billion!!! An increase of $5.8 Billion in cash!!!

With the new Tablet announcing this week, Apple should be on track to perform better next year. Perhaps its a good idea to consider buying some Apple's shares...