The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Jobs: We Sold More Phones than RIM

Jobs: We Sold More Phones than RIM

by , 5:15 PM EDT, October 21st, 2008

Apple's iPhone 3G appears to be selling well -- so well, in fact, that the company claimed it sold more phones during the past quarter than its competitor Research In Motion. The news came during Apple's fourth quarter earnings report on Tuesday afternoon.

"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 Apple CEO Steve Jobs.

The Cupertino-based company reported selling 6.9 million iPhones for the quarter, outperforming RIM's 6.1 million units. The company also ranked as the third largest phone seller by revenue for the quarter.

Apple reported US$7.9 billion in revenue for the quarter, with a net profit of $1.14 billion. Gross margins were up for the quarter at 34.7 percent, compared to 33.6 percent for the same quarter last year.

The iPhone 3G went on sale in over 20 countries on July 26, and Apple has continued to add new markets since the initial roll out. The company plans to sell the iPhone 3G in some 70 countries by the end of the year.

Apple is currently trading after hours at $90.00, down 1.49 (1.63%).


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Recent TMO Headlines - Updated April 30th

Fri, 10:44 AM
How Apple is Navigating the Great Semiconductor Shortage
Fri, 10:34 AM
MOFT Introduces 2-in-1 Stand & Case for iPad Pro, iPad Air
Fri, 10:20 AM
Charty 1.4 Update Brings Ring Charts, New UI, Video Tutorials
Fri, 9:15 AM
Updated Apple TV 4K and New Siri Remote Available to Order
Fri, 9:00 AM
iPad Pro With M1 Chip Available to Order
Fri, 8:49 AM
New M1 iMac Brings M1 in Seven Colors Available to Order
Fri, 7:13 AM
Purple iPhone 12, iPhone 12 Mini, and AirTags Available to Buy
Thu, 4:22 PM
CrossOver for Mac 'One' License for Running Windows Apps on Mac: $19.99
Thu, 3:43 PM
Someone Built a Preacherbot Powered by AI and it’s Awesome
Thu, 3:12 PM
Here’s When The FCC Emergency Broadband Benefit Program Starts
Thu, 2:29 PM
AirTags Pose Domestic Abuse Risk, Leading Nonprofit Warns
Thu, 2:16 PM
Thursdays with Bob: Health Apps – TMO Daily Observations 2021-04-29
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Daily Observations
  • TMO on Twitter!