Technology giant Apple Inc. has over the years, defeat nearly every barrier thrown its way, and this is reflected in the $15.68 billion income it made and a net quarterly earnings of $3.38 billion in financial results for financial 2010 - the first quarter - that ended December 26, 2009.

As compared to financial outcomes of the last fiscal for the same period, the gross margin has surged 40.9% from 37.9%. In 2009, revenue earned stood at $11.88 billion and net quarterly profit of $2.26 billion.

The fiscal 2010 (first quarter) data symbolize an average domestic growth of between 30 to 45% for its range of items. Worldwide sales accounted for 58% of the first quarter's income.

During the fiscal 2010 first quarter, the company sold 3.36 million Macintosh PCs representing a 33% unit increase over the same period a year ago. Moreover, Apple also sold 8.7 million iPhones, which represents a 100% unit expansion over the previous year. About twenty one million iPods were also sold, which was a drop of 8% unit decline over the last year's same period.

Steve Jobs, Apple's CEO, said, "The new products we are planning to release this year are very strong, starting this week with a major new product that we're really excited about."

Apple Inc. CFO Peter Oppenheimer stated, "We are very pleased to have generated 5.8 billion dollars in cash during the quarter. We are extremely proud of this result and believe our Mac hardware and software are providing outstanding innovation and value that our customers really love. Response to the new iMacs introduced in October was very strong, contributing to a 70 percent year over year growth in desktop sales."

Oppenheimer also said that he projected proceeds in the second fiscal quarter of 2010 to be between $11 billion and $11.4 billion, and added that the company would continue to concentrate on short dated high quality investments.

Apple heated the PC revolution in the 1970s with the Apple II and recreated the PC in the 1980s with the Macintosh. Presently, it is a leader in modernization with its high-quality PCs, OS X operating system and iLife and professional applications. (With Input from Agencies)