apple financial results
Once again, bloggers outperform the analysts on AAPL
Apple announced another great financial quarter yesterday: $3.07 ba-ba-ba-billion of profit on sales of 8.75 million iPhones, 10.89 million iPods, and 2.94 million Macs for the best non-holiday quarter ever. And who came closest to predicting this blowout? Professional analysts who are paid handsome salaries to advise investors? Nope. Bloggers.
Apple has “best non-holiday quarter ever”
Apple has announced the results of the second financial quarter of the 2010 calendar year, selling a record breaking number of iPhones and closing with their “… best non-holiday quarter ever,” as quoted from Steve Jobs. We know how boring the numbers can get, so if you’re not too interested in the details, here are the basic facts…
Is Apple immune to the economic downturn?
This past Wednesday, Apple announced its financial results for its fiscal 2009 first quarter ended December 27, 2008, in which they reported the best quarterly revenue and earnings in Apple History. The company sold 2,524,000 Mac computers, a record 22,727,000 iPods, and 4,363,000 iPhones. This amounted to the record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share, all of which seems to counter news of Microsoft and Intel announcing layoffs amid a drop in profits, but does that really mean Apple is “recession proof?”
Apple 3Q results: Mac sales reach all-time high
Apple announced yesterday their financial results for its fiscal 2008 third quarter, which ended June 28, 2008. The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results are up from revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8 percent, down from 36.9 percent in the year-ago quarter. International sales accounted for 42 percent of the quarter’s revenue.
Details after the break.















