Record Earning For Apple in Q2 Financial Results

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Just now Apple has announced Q2 results for fiscal year 2010 and the company has once again bested its own records, this time reporting an astounding $15.7 billion in revenue and a net quarterly profit of $3.35 billion.

Apple, which is currently the most valuable technology company in the U.S. and the second most valuable U.S. company overall, reported earnings of $3.51 per diluted share. This is significantly higher than the $3.11 per share estimates from Wall Street analysts.

Apple sold 3.47 million Macs in the quarter, which is a new quarterly record for the company, and 8.4 million iPhones. iPhone sales were up 61% year-over-year. Apple’s newest product, the iPad, sold 3.27 million units.

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Apple CEO Steve Jobs said in the company’s statement, “It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4.”

The quarter ended on June 26, 2010, just two days after the iPhone 4 was released, which makes the sales figure all the more impressive. This quarter — perhaps more than any other — Apple has faced big competition in the U.S. from the likes of the Google-backed Android platform.

It’s telling that international sales accounted for 52% of Apple’s quarterly revenue and that the continued growth in countries outside of the U.S. is having a positive impact on all of the company’s major product categories.

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