Apple [NASDAQ: APPL] has announced its Q4 2010 financials, for the three months ending September 25.
Revenue was a record $20.34 billion, up 67 percent year on year.
Of this $8.6 billion came from iPhone sales and $200 million from iPhone accessories, and $2.7 billion from iPad and $100 million from accessories.
Net profit was a record $4.31 billion, up 70 percent, and Apple generated almost $5.7 billion in cash flow from operations.
iPhone, iPad, up, up, up
Apple sold 14.1 million iPhones in the quarter, which included the first complete quarter of iPhone 4 sales.
The average amount of revenue Apple received per iPhone sold was $610.
Total iPhone sales were up 91 percent, year on year, and Apple executives suggested they would have sold more if they could have manufactured enough to fulfill demand.
Apple also sold 4.19 million iPads during the quarter, which compares to 3.27 million in the previous three months, although this wasn't quite a complete three month selling period as the iPad launched on April 3, and the previous quarter started on March 28.
On average, Apple received around $645 for each iPad sold.
The decline of the iPod sector continued, down 11 percent year on year to 9.05 million, but Macs were up 27 percent to 3.89 million sales.
iTunes Store revenue over $1 billion for the quarter.
Stick it to RIM
Pointed as ever, Steve Jobs couldn't resist the opportunity of the financial results to have a poke at rival RIM.
"iPhone sales of 14.1 million were up 91 percent year-over-year, handily beating the 12.1 million phones RIM sold in their most recent quarter. We still have a few surprises left for the remainder of this calendar year," he said in an official company statement.
"We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings - both all-time records for Apple."
Cash in the hole
Apple's gross margin was 36.9 percent compared to 41.8 percent a year ago, and non US sales accounted for 57 percent of the quarter's revenue - higher than Apple expected.
The company ended the quarter with $51 billion in cash, short and long-term investments, which compares to the $45.8 billion with which it ended its Q3.
[source: Apple]
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Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
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