No. 6 Apple breaks financial records in its 33-year history
Despite a grim economy that hammered most tech companies, 2009 proved to be Apple's most profitable year ever. In its third quarter Apple sold 2.6 million Macs and 5.2 million iPhones, a non-holiday record. For its fourth quarter, Apple reported a profit of $1.67 billion on revenue of $9.87 billion, its most profitable quarter ever. Apple sold 3.05 million Macs, eclipsing the previous record by an astounding 440,000 units. Apple is also sitting on $34 billion in cash with a stock price hovering in the $200s. How many iPhones did Apple sell in its fourth quarter?
Republished with permission from Network World (view original version)