Expects revenues of $23bn in Q1 2011
Apple has posted revenue of $20.34bn and net quarterly income of $4.3bn for its fiscal 2010 fourth quarter ended September 25, 2010, compared to revenue of $12.21bn and net quarterly income of $2.5bn during the same period in 2009.
Gross margin was 36.9%, compared to 41.8% in Q4 2009.
Apple sold 3.89 million Macs during the quarter, representing 27% unit growth over the year-ago quarter.
The company sold 14.1 million iPhones during the quarter .
Quarterly iPods units sold were 9.05 million, down by 11% as compared to previous year-ago-quarter.
For the fiscal year 2010, the company has registered revenues of $65.23bn and net income of $14.01bn as compared to revenue of $42.91bn and net income of $8.24bn during last year.
Apple chief financial officer Peter Oppenheimer said the company is thrilled with the performance and strength of their business, generating almost $5.7bn in cash flow from operations during the quarter.
"Looking ahead to the first fiscal quarter of 2011, we expect revenue of about $23bn and we expect diluted earnings per share of about $4.80," Oppenheimer said.