Tag Archives: Quarterly earnings

Another record financial quarter for Apple

Apple hosted its quarterly earnings call today at 5PM EDT, announcing revenue of $13.50 billion and net profit of $3.07 billion or $3.33 per diluted share, up from $1.62 billion net profit and $1.79 per diluted share from one year ago. Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue. Apple’s CFO Peter Oppenheimer predicted that the company expects to see revenue of $13.0 billion to $13.4 billion for Q3 2010 along with earnings per share between $2.28 and $2.39.

The press release posted to the Apple website quotes Steve Jobs as saying Apple had its “best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent”. Read more

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Apple reports record Mac, iPhone sales for Q1 2010

During Apple’s quarterly earnings call this afternoon, the company reported record Mac and iPhone sales during the fiscal 2010 first quarter, and commented a bit about problems with AT&T, and the their relationship with Google.

Compared to the same time last year, revenue is up 50% to 15.68 billion, with a net profit of $3.38 billion, up from $11.88 billion revenue and $2.26 billion net profit during Q1 2009. The company delivered $3.67 per diluted share, up from $2.50 per diluted share a year ago.

In addition, the company also reported selling 8.7 million iPhones during the quarter, a 100% increase year over year, as well as 21 million iPods, and 3.36 million Macs. Sales of the classic iPod models are down, but iPod Touch sales are up 55% compared to the same period a year ago. Read more

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