iPhone News Updated

iPhone outperforming BlackBerry

By Stuart Miles

Apple’s iPhone 3G has proved to be a success based on the latest figures from the company.

In the latest quarterly results, Apple has confirmed that it sold almost 7 million iPhones globally compared to just over 1m in the same period last year.

Unit sales of iPhone 3G have been significantly greater than sales of the first-generation iPhone. According to Apple during the first quarter of iPhone 3G availability 6.9 million units were sold, exceeding the 6.1 million first-generation iPhone units sold in the prior five quarters combined.

“Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone—we sold more phones than RIM,” said Steve Jobs, Apple’s CEO.

However, while the company also managed to shift around 2.6 million mac computers (a rise of 21% over the year-ago quarter) and just over 11 million iPods, Steve Jobs, the company’s CEO said there could be troubled times ahead:

“We don’t yet know how this economic downturn will affect Apple.”

Peter Oppenheimer, Apple’s CFO added:

“Looking ahead, visibility is low and forecasting is challenging, and as a result we are going to be prudent in predicting the December quarter.”

Overall figures showed that Apple posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share. These results compare to revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, up from 33.6 percent in the year-ago quarter. International sales accounted for 41 percent of the quarter’s revenue.

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