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Apple claims iPhone outsold Blackberrys in Q3

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Business and Law
By Wolfgang Gruener   
Tuesday, October 21, 2008 16:27
Cupertino (CA) – Apple today reported yet another solid quarter result that, for the first time, highlights the success of the iPhone not just as a footnote. The company sold almost 6.9 million iPhone 3Gs, which, according to Apple, exceeds RIM’s blackberry unit sales. iPod sales also climbed and Mac sales hit a new record.

Apple said it was able to sell 6,892,000 iPhones compared to 1,119,000 in the year-ago-quarter – a result that Apple believes will surpass RIM, currently considered to be the world’s #2 smartphone maker: “Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone - we sold more phones than RIM,” said Steve Jobs, Apple’s CEO.

Other product lines also showed strong performances – the company shipped 2,611,000 Macs, up 21% over the year-ago quarter and it sold 11,052,000 iPods, up about 8%.

Apple posted sales of $7.9 billion and net profit of $1.14 billion for Q3.

“We don’t yet know how this economic downturn will affect Apple,” Jobs said. “But we’re armed with the strongest product line in our history, the most talented employees and the best customers in our industry. And $25 billion of cash safely in the bank with zero debt.”

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