Apple today announced the results for its second fiscal quarter, which ended March 27, 2010. Apple posted $13.5 billion in revenue, which generated $3.07 billion in profit for the quarter. In comparison, revenues for the same quarter last year were $9.08 billion, with a profit of $1.79 billion.
During the quarter, Apple shipped 2.94 million Macs, a 33 percent year-over-year growth. iPhones sales were 8.75 million units, a 131 percent increase. iPod sales, however, were down 1 percent, at 10.89 million units sold.
"We're thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent," said Steve Jobs, Apple's CEO. "We've launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year."
The results of the second quarter, specifically Mac sales figures, blew analysts out of the water. IDG had predicted Mac sales of 1.1 million for the quarter, while Gartner expected Mac sales of 1.39 million.
Apple's guidance for the third quarter expects revenues to remain in the $13 to $13.4 billion range.
Dissecting quarterly financial results is not my personal forte, but Steve's statement that there are "extraordinary products in the pipeline," and the financial guidance that third-quarter revenue will be flat seem to indicate that no "extraordinary products" will be shipping in large numbers until after Apple's third quarter, which ends in June 2010. That means any product announcements in the meantime will probably be limited to speed bumps and updates to existing products, with no new products that would generate a significant sales spike during the quarter.