Apple Q1 2010 Results – $50+ Billion Giant

The iPod family with, from the left to the rig...
Image via Wikipedia

Apple has just declared its first quarter results for the 2010 fiscal year and they are ‘Very Impressive’ to say the least. Apple sold a phenomenal 8.7 million iPhones, 3.36 million iMacs and 21 million iPods during the last quarter and is now a 50+ Billion Dollar Technology giant.

Clearly, the iPhone sales figures are the most impressive of the lot and represent an astonishing 100% year on year growth for Apple. With the much awaited Apple Tablet launch later today, the stage is surely set for Apple to launch another game changer like the iPhone and iPod.

Apple’s financial results are all the more impressive considering that the company has stated its results in accordance with the new accounting principles for subscription devices such as iPhone and Apple TV. If Apple manages to continue this dream run for another couple of years, I’d hardly be surprised if the Famous-Apple-Idiom is changed to

An Apple a Day, keeps Steve Jobs Happy!


Ruk Cooray is Co-Founder of LDN.cm you can find him on twitter here rambling about something or the other

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