Apple blows away expectations in Q2

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Apple posted its Q2 2010 results and to say they’re impressive would be an understatement. Beating analyst expectations in practically every way possible, the Cupertino company sold 2.94 million Macs, 8.75 million iPhones and 10.89 million iPods. Analysts were only expecting 2.7 million iMacs, 6.8 million iPhones and 9 million iPods to be sold. In terms of cold, hard cash, Apple’s revenue was $13.5 billion with a diluted earnings per share of $3.33 making for a net profit of $3.07 billion. As for the current quarter, Apple is expecting revenue to hit $13.0 billion to $13.4 billion with a diluted earnings per share from $2.28 to $2.39.

[Via Business Insider]

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