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Apple demolishes Street, posts new Mac unit sales record; shares jump in after-hours trading
Mac Daily News ^ | Tuesday, July 20, 2010 - 05:32 PM EDT | Apple Inc.

Posted on 07/20/2010 2:01:07 PM PDT by Swordmaker

Apple today reported earnings of $3.51 EPS and revenue of $15.7 billion.

Analysts' consensus called for Q3 earning per share (EPS) of $3.11 on revenues of $14.75 billion and:

In after-hours trading, AAPL shares jumped $8.11, or +3.22%, to $260.00.

Apple's press release, verbatim:

Apple today announced financial results for its fiscal 2010 third quarter ended June 26, 2010. 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.

Apple sold 3.47 million Macs during the quarter, representing a new quarterly record and a 33 percent unit increase over the year-ago quarter. The Company sold 8.4 million iPhones in the quarter, representing 61 percent unit growth over the year-ago quarter. Apple sold 9.41 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter. The Company began selling iPads during the quarter, with total sales of 3.27 million.

“It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.”

“We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2010, we expect revenue of about $18 billion and we expect diluted earnings per share of about $3.44.”

Source: Apple Inc.


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: ilovebillgates; iwanthim; iwanthimbad; microsoftfanboys
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To: Gator113
We just hope that you will someday change your mind and go back to liking girls.

Now that I think of it, your little sister WAS pretty nice.

Did it take you long to get used to feeling hairy legs of another man against you in bed at night?

Naw. You were sweet and shaved 'em when I asked you to.

21 posted on 07/20/2010 4:07:26 PM PDT by humblegunner (Pablo is very wily)
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To: humblegunner

As luck would have it, my wife works with a gay guy in her office.

I called him and asked him to read your posts. Not just the ones on this thread, but your posting history. I wanted to be fair with you so I went to an expert on gayness.

It’s as I thought. This gay fellow, I guess you would call him a brother, informs me that there can be no doubt, you are in fact gay. He says that it’s obvious that you are stressing over your decision to out yourself, but that it won’t be long before you wrap yourself in a rainbow flag and loudly shout, “I am gay, I go by HumbleGay and I am gay.”

Anyway, this gay guy says that you should stay away from straight folks for awhile, as you adjust to your new life. He said that hanging around us normal people would bring out your anger as you try to deal with the new you.

Man, I am so sorry to hear that you are a full fledge queer, but, well, some folks were never meant to be real men.

Cheers....


22 posted on 07/20/2010 4:27:34 PM PDT by Gator113 (God save the Republic.....)
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To: Codeflier
Except they have the entire liberal media behind them promoting everything they do as the best, when there are sometimes better or equal alternatives. Without all the democrat media power at the top pushing them every waking minute, they wouldn’t be as successful.

Maybe you haven't been keeping up with current events, but the liberal media has been NOTHING BUT CRITICAL of Apple.

They lie, attack, twist, assault, defame, ridicule and character assassinate Apple every single day of the year. There is NO DAY which exists in which they are NOT so lambasted.

The liberal media is more supportive of Glenn Beck than of Apple. Wake up!

23 posted on 07/20/2010 4:31:51 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
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To: Gator113; humblegunner

Please.... take it to emails... WOW.

I am sorry I had to even read that exchange.

And don’t tell me I could have skipped over it... I read 5,000 words per minute and had already seen it before my brain could shut off my eyes.


24 posted on 07/20/2010 4:35:06 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
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To: Gator113
As luck would have it, my wife works

I'm glad he's employed.

I called him and asked him to read your posts

What did wifey have to say about them?

He says that it’s obvious that you are stressing

Yes, perhaps. I have to deal with odd folks online, you know.
I've thought about just logging off.

Anyway, this gay guy says that you should stay

That's sweet of you.

25 posted on 07/20/2010 4:38:51 PM PDT by humblegunner (Pablo is very wily)
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To: humblegunner

I’ll give you points for being clever on that one.

Now if you would please knock off the ~Apple folks are gay~ garbage, I’ll leave you alone and you can return to your Blog Pimping Killer hobby... or whatever you call it.


26 posted on 07/20/2010 4:48:30 PM PDT by Gator113 (God save the Republic.....)
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To: RachelFaith

STOP..... DO NOT READ THIS.... It was the “hairy leg” comment huh? I understand, it grossed me out typing it. ;>)

Have a great day....


27 posted on 07/20/2010 4:53:19 PM PDT by Gator113 (God save the Republic.....)
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To: Gator113

Done and done.

Have a good evening.


28 posted on 07/20/2010 5:02:43 PM PDT by humblegunner (Pablo is very wily)
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To: humblegunner
Homosexuality is indeed spreading.

You seem to know a lot about that. You should change your screen name to homogunner.
29 posted on 07/20/2010 5:31:48 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: Codeflier
What makes me sick is that for the most part 95% of those people are democrats.

Do you have link for that?
30 posted on 07/20/2010 5:36:05 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: Codeflier
Except they have the entire liberal media behind them promoting everything they do as the best, when there are sometimes better or equal alternatives. Without all the democrat media power at the top pushing them every waking minute, they wouldn’t be as successful.

Do you have a link for this one too?
31 posted on 07/20/2010 5:37:19 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: humblegunner

You too.


32 posted on 07/20/2010 5:39:07 PM PDT by Gator113 (God save the Republic.....)
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To: Swordmaker

LOL. The occupation media and their sycophants (quite a few here on FR) get it wrong again. I keep wondering why these people hate (including the sycophants here) this very successful American high tech company and want to destroy it. Anti-Americanism and socialism (I repeat myself), always hide their true intentions. Congratulations Apple for being successful and creating high tech jobs here.


33 posted on 07/20/2010 5:46:41 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: Gator113

He got himself banned.


34 posted on 07/20/2010 5:50:20 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: PA Engineer; humblegunner

That’s a faked banned page. He’s not banned. Post a link to a blog and see how fast he shows up.


35 posted on 07/20/2010 5:58:27 PM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: PA Engineer

Do I have a LINK for it?

GOOGLE IT!

And search Apple and iPhone on the threads on THIS forum and see it for yourself.


36 posted on 07/20/2010 6:03:17 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
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To: PA Engineer

Ooops, sorry about that last one... I though you were one of “them”.

And yikes.... that dude got banned. WOW.

But, those posts were taking this thread was way way over the line.


37 posted on 07/20/2010 6:05:02 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
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To: Richard Kimball
That is very gay. Thanks for the heads up.
38 posted on 07/20/2010 6:05:46 PM PDT by PA Engineer (Liberate America from the occupation media.)
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To: Richard Kimball

A faked Banned Page?

WHY would anyone do THAT??

LOL


39 posted on 07/20/2010 6:06:08 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Unless the GOP Senate ruins it all...)
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To: RachelFaith
And yikes.... that dude got banned

Dang, I hate it when that happens.

40 posted on 07/20/2010 6:07:30 PM PDT by humblegunner (Pablo is very wily)
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