Apple has posted their Q2 2010 financial results and once again its the best non-holiday quarter even, including $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share. iPhone sales were 8.75 million (up 131%) and iPod sales of 10.89 million (down 1%). Says CEO Steve Jobs:

“We’re thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent. 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.”

We’ll be listening in to their conference call and providing our usual special brand of TiPb commentary, so join us over in that post for more.

Apple sells 8.75 million iPhones, 10.89 million iPods, $13.50 billion in revenue is a story by TiPb. This feed is sponsored by The iPhone Blog Store.

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Apple today announced their Q1 2010 financial results, covering the all-important holiday quarter, with 8.7 million iPhones sold, and a 55% increase in iPod touch sales. Total revenue was $15.68 billion, and cash-on-hand is now approaching a whopping 39.8 billion! Says CEO, Steve Jobs:

“If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company,” said Steve Jobs, Apple’s CEO. “The new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”

Way to iTablet tease us there, big fella.

During the conference call that followed, CFO, Peter Oppenheimer and COO, Tim Cook revealed:

• 17 new carriers for the iPhone, including Bell Canada, Telus Canada, Orange France, China Unicom, Korea
• iPhone “very strong” in Japan, Australia, UK, Germany
• Business users ranked iPhone #1 in satisfaction according to JD Power
• 70% of Fortune 100 businesses piloting or deploying iPhone
• New accounting methods mean $25 of iPhone revenue deferred for “updates”
• Apple defended AT&T, said they have higher broadband usage than any other carrier, great experience for many customers, and have shared with Apple plans to improve problem cities
• 2.7 million iPhones in channel, including in-transit, invoiced to carriers, demos.
• 200,000 iPhones activated in China. Ramping slowly to ensure customer experience.
• Nothing on Nokia lawsuit.
• 90% of iPhone Apps approved in 14 days. Apple wants to protect privacy, prevent porn, defend children. Most frequent cause of rejection is bugs in app.
• Cook: Noise about App Store frustration may be higher than reality (orly?)
• Could anything equal Mac, iPod, iPhone for Apple? Wait for Wednesday!
• iPhone 3GS features accelerated corporate adoption (hardware encryption?)
• Adding carriers in existing countries earned incremental growth.
• Quattro Wireless was acquired to provide developers, especially those who develop free apps, a seamless way to earn money.
• iTunes/App Store still run just above break even, Apple reinvests revenue to maintain and improve customer experience as it scales.
• Japan iPhone growth 400%, Asia Pac iPhone growth 500%
• On Google: Apple competes with Google in some areas, works with them in others.

For more from the conference call, check out TiPb’s live coverage!

This is a story by the iPhone Blog. This feed is sponsored by The iPhone Blog Store.

8.7 Million iPhones Sold in Q1 2010 — Apple Financial Results

We’re not smart enough to predict Apple or the iPhone in 2010 — obviously. But we know you, our magnificent readers, just might be. Check out the polls below and let us know what you think Apple and the iPhone, as well as iPod touch, Apple TV, iTunes, iTablet, and more will bring us in 2010. Note, this isn’t what you want them to do, it’s what you realistically think Apple will do.

Polls after the break!

This is a story by the iPhone Blog. This feed is sponsored by The iPhone Blog Store.

TiPb Readers Predict! What Will We See From Apple and iPhone in 2010?