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iPhone sales figures double

iPhone sales figures double

In the final three months of 2009 Apple managed to sell 8.7 million iPhones, which is just over twice as many as it managed in the same period the year before.

However, despite the impressive performance, the iPhone's sales growth not meet the expectations of many analysts and as such Apple saw only moderate increases in the price of its shares.

Sales of iPods saw an 8 per cent drop off over the period, although this can be accounted for by the fact that many will be replacing their iPod with an iPhone, which offers the same feature set and much more.

Apple has been able to generate revenues of over £9.7 billion, which translates into a profit for the fourth quarter of 2009 of over £2 billion, breaking its own record set in the previous year.

When Apple launches its tablet device this month, it is likely to generate still greater revenues and capture an even wider audience.

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