Published on October 23rd, 2008 | by James Smythe0
6.9m iPhones off the shelves in Q4
The company posted a profit of $1.14 billion on revenues of $7.9 billion for the quarter, their sales figures for their devices were off the roofs. In the Q4 of 2008, Apple managed to sell 6,892,000 iPhone 3Gs compared to the 1,119,000 iPhones in Q4 of 2007.
Apple is now the world’s third largest mobile phone supplier in terms of revenue, trailing behind Nokia and Samsung. They outsold RIM’s entire range of BlackBerry phones. RIM sold 6.1 million phones compared to the 6.9 million iPhones.
Apple’s stock prices were up by $9.91 or 11%. Even AT&T benefited from the strong iPhone sales and its stock price rose by 85 cents or 3.3%.