Apple Q4 Results
Wednesday, October 22, 2008
Here is a brief breakdown of Apple's results for the fourth quarter 2008:
Q4 2008 Q4 2007
Apple Shipped Macs: 2,611,000 2,164,000 21% Growth
iPods: 11,052,000 10,200,000 8% Growth
iPhones 6,892,000 1,119,00
Revenue $7.9 billion $6.22 billion
Net Quarterly Profit $1.14 billion $904 million
diluted share $1.26 $1.10
Margin 34.7% 33.6%
International sale accounted for 41% of the quarters revenue. Apple has reached their goal of 10 million iPhones, Steve Jobs himself was on the call, and mentioned that Apple had now sold more handsets that RIM, and that Apple had cash reserves of $25 billion, and no debt.
They did not mention that the Mac mini line would end or be refreshed!
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