Apple Selling More Macs, iPhones; Fewer iPods
No matter what it sells, Apple rakes it in.
In the days leading up to Apple's special event, the company released its most recent quarterly results, which it was proud to boast as being the all-time highest in revenue and profit.
Apple 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; sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter; and sold 21 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter.
"If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company," said Steve Jobs, Apple’s CEO. "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."
Stay tuned for coverage of Apple's reveal of a new product at tomorrow's event.