| Apple Reports First Quarter Results
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engine
msg:4068109 | 3:40 pm on Jan 26, 2010 (gmt 0) |
Apple Reports First Quarter Results [apple.com] | Apple today announced financial results for its fiscal 2010 first quarter ended December 26, 2009. The Company posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion, or $3.67 per diluted share. These results compare to revenue of $11.88 billion and net quarterly profit of $2.26 billion, or $2.50 per diluted share, in the year-ago quarter. Gross margin was 40.9 percent, up from 37.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue. Apple sold 3.36 million Macintosh® computers during the quarter, representing a 33 percent unit increase over the year-ago quarter. The Company sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter. Apple sold 21 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter. |
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physics
msg:4068629 | 1:03 am on Jan 27, 2010 (gmt 0) |
The Company sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter.
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That's pretty impressive for a relatively high end item during a recession.
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