Apple today announced financial results for its fiscal 2007 third quarter ended June 30, 2007. Peter Oppenheimer, Apple's CFO, announced that 270,000 iPhones were sold between 6pm on June 29th through June 30th. Apple expects to sell 1 million iPhones by the end of its fiscal fourth quarter.

Apple is on schedule to deliver the iPhone to Europe by years end and expect to "announce which carriers they'll be working with later this quarter." Apple also confirmed plans to bring the iPhone to Asia sometime in 2008.

The Company posted revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share. These results compare to revenue of $4.37 billion and net quarterly profit of $472 million, or $.54 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent, up from 30.3 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter