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Apple reports big gains in sales, profits for second quarter

20.04.2011
A quarter that saw Apple release a new iPad, revamp its MacBook Pro line, and broaden the reach of its iPhone turned out to be financially rewarding for the company. For its fiscal second quarter, Apple reported sales of $24.67 billion and net profit of $5.99 billion, according to figures announced by the company Wednesday.

Apple’s quarterly revenue, a record figure for the second quarter, beat year-ago sales by 83 percent. The company earned $6.40 per share, beating last year’s second-quarter earnings of $3.33 per share by 92 percent.

Apple’s performance also blew away analyst estimates. Analysts were looking for the company to report $23.34 billion in revenue and earnings of $5.36 per share for the quarter.

Apple is holding a conference call with analysts at 2 p.m. PT to discuss its financial results. Macworld has .

We’ll have more details on Apple’s second-quarter earnings report shortly.