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Earnings: Apple Posts Q2 Profit Gains Of 73 Percent; Says 270,000 iPhones Sold During First Two Days

Sales of iPods and computers helped boost Q2 profits 73.3 percent for Apple (Nasdaq: AAPL) to $818 million from $472 million, as revenues came in at $5.41 billion, a 23.8 percent rise over last year. No word in the press release on how many iPhones it shipped in the last two days of the quarter (exclusive carrier AT&T said it activated 146,000 iPhones in Q2, as we reported Tuesday), but here’s some of what Apple did say:

— Apple shipped 1.7 million Macintosh computers, representing 33 percent growth over the year-ago quarter and beating the previous company record for quarterly Mac shipments by over 150,000.

— The company also sold 9.8 million iPods, a 21 percent increase over last year.

Earnings release | Webcast

Update: During the call CFO Peter Oppenheimer said Apple sold 270,000 iPhones in the last two days of Q2 ; the company estimates it will sell 1 million by September and 10 million by the end of 2008 including global sales. Apple did not recognize payments related to the iPhone from AT&T in Q2; it will begin recording those payments in the next quarter.

4 Responses to “Earnings: Apple Posts Q2 Profit Gains Of 73 Percent; Says 270,000 iPhones Sold During First Two Days”

  1. funkonaut

    Still, that 270K was just for the Friday from 6pm until Saturday 23:59. It wasn't until the following Tuesday/Wednesday that Apple's retail stores started running out of stock following word of mouth. Expect the next earnings report to be even higher (back to school, holiday sales).

  2. Anthony Guzzi

    With all of the hype leading up to the launch – it started months in advance – I would think realistically Apple has to be disappointed at this 270K figure.