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The Guardian - UK
The Guardian - UK
Business
Jemima Kiss

Apple reports record September revenues

Take-up of the iPhone and continued growth of Apple's computer businesses are credited for a 67% rise in profits for the last quarter, reports the Wall Street Journal.

The company reported computer sales up 34% from the same period last year, selling 2.16m machines from July to September. The growth of PC sales is at around 15.5%, according to IDC. Turnover was up to $3.1bn from $2.21bn the year before.

Apple sold 1.1m iPhones of the total 1.4m sold so far, and said in their trading statement that uptake was exceeding that of the iPod. The iPod took two years to reach the "cumulative sales" level that the iPhone reached in three months, although you could argue that the iPod was a product that had to create its own market. The price cut from $599 to $399 last month triggered a 70% boost in sales volume, but overall the product still accounted for only $118m of revenue.

iPod sales rose from 8.7m units to 10.2m for the quarter, and interestingly Apple claims that 50% of its new Mac customers have not owned an Apple computer before.

In the UK, meanwhile, the iPhone goes on sale through Apple and O2 stores on 9 November.

Source: Wall Street Journal.

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