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	<title>Bandwidth Blog &#187; Apple results</title>
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	<itunes:summary>South African and Global internet startup news</itunes:summary>
	<itunes:author>Bandwidth Blog</itunes:author>
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		<title>Apple Reeks in $1.23 billion Profits for Q3 2009</title>
		<link>http://www.bandwidthblog.com/2009/07/22/apple-reeks-in-123-billion-profits-for-q3-2009/</link>
		<comments>http://www.bandwidthblog.com/2009/07/22/apple-reeks-in-123-billion-profits-for-q3-2009/#comments</comments>
		<pubDate>Wed, 22 Jul 2009 21:54:50 +0000</pubDate>
		<dc:creator>Charl Norman</dc:creator>
				<category><![CDATA[IT News]]></category>
		<category><![CDATA[Apple profits]]></category>
		<category><![CDATA[Apple Q3 2009]]></category>
		<category><![CDATA[Apple Q3 2009 results]]></category>
		<category><![CDATA[Apple Q3 results]]></category>
		<category><![CDATA[Apple results]]></category>
		<category><![CDATA[Apple. Apple revenues]]></category>

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		<description><![CDATA[Just like Google, Apple have enjoyed the privilege of registering a profit in the third quarter of the year proving that the recession hasn’t had much of an impact on the growth of the company. Apple posted a $8.34 billion revenue along with a net quarterly profit of $1.23 billion. The year-to year comparison also [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="woof" src="http://www.bandwidthblog.com/wp-content/uploads/2009/07/woof.jpg" alt="woof" width="325" height="378" />Just like Google, Apple have enjoyed the privilege of registering a profit in the third quarter of the year proving that the recession hasn’t had much of an impact on the growth of the company.</p>
<p>Apple posted a $8.34 billion revenue along with a net quarterly profit of $1.23 billion.</p>
<p>The year-to year comparison also sees Apple ahead from the same quarter last year where it registered a profit of $1.07 billion, or $1.19 per diluted share.</p>
<p>The Gross-Margin was also up at 36.3 percent compared to 34.8 percent in the year-ago quarter. International sales contributed 44% to the overall revenue.</p>
<p>Talking about the growth from sales perspective Apple sold 2.6 million Mac computers during the quarter, a four percent increase over the year-ago quarter.</p>
<p>In the same period 10.2 million iPods were sold which is a 7 percent increase over the quarter year ago. Also, 5.2 million iPhones were sold representing 626 percent unit growth over the year-ago quarter. Not to forget the 1.5 billion applications downloaded from the App store in the first year.</p>
<p>Looks like a very good year for Apple don&#8217;t you think?</p>
<p>[via <a href="http://www.tuaw.com/2009/07/21/apple-reports-2009-q3-earnings-8-34b-in-revenues-profit-of-1/">Tuaw</a>]</p>
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