Apples Quarterly Revenue Tops 20 Billion

Days after shares of Apple eclipsed $300 a piece to hit an all-time high, the company is out with its latest earnings report, and with it, another milestone: $20 billion in quarterly revenue. Specifically, the company brought in sales of $20.34 billion for its fiscal fourth quarter and a net profit of $4.31 billion, both best-ever quarterly performances. Breaking it down by product, Apple reports sales of: * 3.89 million Macs, up 27% from the same quarter last year * 14.1 million iPhones, up 91% from the same quarter last year * 9.05 million iPods, a decline of 11% from the same quarter last year * 4.19 million iPads (which wasn’t available last year) In a statement, CEO Steve Jobs noted that the company has moved past BlackBerry in terms of smartphone sales. “iPhone sales of 14.1 million were up 91 percent year-over-year, handily beating the 12.1 million phones RIM sold in their most recent quarter. We still have a few surprises left for the remainder of this calendar year,” he said. Among those surprises could be a Verizon iPhone, which looks increasingly likely given the company is set to start offering the iPad on Verizon later this month. We’ll be listening in to the company’s conference call and providing further updates as they happen.