Apple reported its latest quarterly earnings and both revenue and profit soared year-over-year (YoY).
Revenue grew 83 percent to $24.7 billion, and profit jumped 95 percent to $6 billion.
The iPhone was, by far, the biggest revenue driver, with sales jumping to 18.6 million, over 100 percent growth YoY.
iPad sales, on the other hand, sputtered, falling well below analyst expectations at 4.7 million units sold.
Worries of the Japanese tsunami disaster affecting the top or bottom line were quickly assuaged, with COO Tim Cook saying revenue would drop just $200 million and that the supply chain is still intact, with no delays.
When speaking of iPad 2 sales, Cook said the demand was “staggering” and that the company “sold every one that we could make.”
As expected, iPod sales fell for the 10th straight quarter, down to 9 million, or down 17 percent YoY.
Result for: straight quarter
According to data compiled by research firm DisplaySearch,, global LCD TV sales outsold plasma TV sales by a huge 8-to-1 margin for the Q1 2008 and that gap doesn’t seem to be getting any smaller anytime soon.
Over 21 million LCD TVs were sold during the timeframe compared to a measly 2.8 million plasma sets, says the report.
The total number of TVs sold during the period was 46.1 million, about equal to year-over-year sales for 2007. Overall revenue jumped 8 percent however, to $24.8 billion USD thanks to increasing sales of larger, more expensive LCD and plasma displays.
Aging CRT TVs were still the best selling, with 22.1 million sold, with LCD closely behind at 21.1. Plasma and rear projection televisions brought up the rear with 2.8 million and 134,000 sold respectively. Year over year CRT sales were down 21%, LCD up 45%, plasma up 20% and RPTV down 79%.
In terms of brands, Samsung led in revenue for the 9th straight quarter, with huge 39 percent year over year growth.
