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Chinametalsnet.com: Q3 the Net Profit of Apple Reached $ 7.31 Billion

(July 20, 2011)
Beijing, July 20, 2011 - (ACN Newswire) - Chinametalsnet.com reports that Apple released the fiscal earnings of the third quarter on Tuesday. It shows that by the end of June Apple's net profit of the third quarter was 7.31 billion U.S. dollars. The earnings per share are $ 7.79, an increaseof a time than the same period of last year. Apple's net profit of the same period of last year was 3.25 billion U.S. dollars, with earnings of $ 3.51 per share.



According to Chinametalsnet.com's survey, analysts predicted Apple's third-quarter net earnings would be $ 5.82 per share.Apple's fiscal revenue in the third quarter was $ 28.6 billion, an increase of 82% compared with $ 15.7 billion in the same period of last year. Analysts predicted that Apple's revenue was $ 24.8 billion.



Apple sold 20.3 million units of iPhone, a few million units more than analysts had predicted. IPad tablet PC's sales were 9.25 million units, which also exceeded analysts' forecasts. Last quarter, it is difficult for Apple to produce enough new iPad 2 tablet.

Chinametalsnet.com analyzes that in terms of other products, the trend is not that good. The sales of Mac computer were 3.95 million units, an increase of 14%. This is the lowest quarterly growth rate in two years.

About Chinametalsnet.com

Chinametalsnet.com is a promising e-commerce company and a leading vertical search engine company in China. Chinametalsnet.com offers a variety of high quality products such as laminating film roll (http://www.chinametalsnet.com/laminating_film_roll-sale/), pottery barn duvet (http://www.chinametalsnet.com/pottery_barn_duvet-sale/), aluminium scaffold tower (http://www.chinametalsnet.com/aluminium_scaffold_tower-sale/) and many more.

Source: Chinametalsnet.com


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