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Apple increases iPhone sales 7% to 7.4 mln in Q3 Tuesday 20 October 2009 | 09:16 AM CET
 
Apple reported revenues of USD 9.87 billion for its fiscal fourth quarter to 26 September, up from USD 7.9 billion a year earlier. Net profit improved to USD 1.67 billion, or USD 1.82 per diluted share, from USD 1.14 billion or USD 1.26 per share in the year-ago quarter. Gross margin was 36.6 percent, up from 34.7 percent in the year-ago quarter. International sales accounted for 46 percent of the quarter's revenue. Apple sold 3.05 million Macintosh computers during the quarter, representing a 17 percent unit increase over the year-ago quarter. The number of iPods sold declined 8 percent to 10.2 million, while sales of iPhones increased 7 percent to 7.4 million. For the first fiscal quarter of 2010, Apple forecast revenues of USD 11.3-11.6 billion and EPS of USD 1.70-1.78.
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