Monday, April 19, 2010

Apple Sells 8.75 Million iPhones in Q1 2010

Apple sold 8.75 million iPhones in Q1 2010, representing 131 percent unit growth over the year-ago quarter, generating $5.3 billion in revenue. Cumulative sales now exceed 51 million units. Apple now has 151 carrier partners offering the iPhone worldwide. Sales increased in every geographic area -- Asia Pacific rose 474%, Japan was up 183% and Europe rose 133%. The company expressed optimism about prospects in China for the iPhone, where it is opening its retail stores. Meanwhile, iTunes Store sales hit $1.1 billion during Q1 2010.