Apple Profits - iPhoneHeat

Apple Sold 5.2 Million iPhones in Q3, Unable to Meet Overwhelming 3GS Demand

Apple has announced the results financial results for its 3rd fiscal quarter. As expected results once again shows impressive financial figures. What exactly Apple achieved during Q3? Lets have a look at these highlights: Revenue of $8.34 billion and a net quarterly profit of $1.23 billion. 2.6 million Macs sold– a 4% unit increase over [...]

iPhone Secured 20% Profit Share of Mobile Phone Industry?

The Wall Street Journal (via MacRumors) published a report stating that while Apple’s iPhone, and RIM’s BlackBerry make up only 3% of mobile phone sales last year, yet snatched a whopping 35% out of total market profits. If we talk about iPhone only, it secured just 1% of total mobile phone sales but brought Apple [...]