iPhone Q1 Sales Reach 18.65 Million

Apple announced it sold a massive 18.65 million iPhones in the first three months of 2011. It has meant Apple has made a tidy $5.9 billion net profit over the 3 month period. The figures show a 113% improvement when compared to the same period of last year. News of the report led to share prices to hit $6.40 a share.

Elsewhere, during the same period of time Apple sold a massive 4.69 million iPad and 3.76 million Mac computers. However, its iPod struggled with a fall in sales as experts believe it was hit by the success of the iPhone. iPod sales reached 9.02 (a figure most be happy with).

Apple CEO Steve Jobs took time out to comment on the figures, "With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders". He added "We will continue to innovate on all fronts throughout the remainder of the year."

 

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