Apple’s Q2 2011 profits

Apple just released their financial results for Q2 2011 that ended on March 26th, 2011. The Q2 revenue is $24.67 billion with a net profit of $5.99 billion. “These results compare to revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, in the year-ago quarter. Gross margin was 41.4 percent compared to 41.7 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue.” Read more..

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