Apple continues financial growth with record Mac Computer sales providing a strong push. Apple’s announced 270k iPhone sales in the first 30 hours was less then initial estimates but much better then the activation figures (146k) reported by AT&T.
IPod sales were up substantially over last years quarter sales figures.
Approximately 64% of the Mac Computers sold during this quarter were laptops, which is where the major sales increase occurred, while the sale of desktops remained inline with past quarters.
Apple’s brick-and-mortar store sales was also strong with a 33% growth from last year. Apple now has 185 stores and will have 197 stores by the end of the next financial quarter.
Apple posts record quarterly earnings, again:
Apple(R) today announced financial results for its fiscal 2007 third quarter ended June 30, 2007. The Company posted revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share. These results compare to revenue of $4.37 billion and net quarterly profit of $472 million, or $.54 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent, up from 30.3 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue.Apple shipped 1,764,000 Macintosh(R) computers, representing 33 percent growth over the year-ago quarter and exceeding the previous company record for quarterly Mac(R) shipments by over 150,000. The Company also sold 9,815,000 iPods during the quarter, representing 21 percent growth over the year-ago quarter.
“We’re thrilled to report the highest June quarter revenue and profit in Apple’s history, along with the highest quarterly Mac sales ever,” said Steve Jobs, Apple’s CEO. “iPhone is off to a great start-we hope to sell our one-millionth iPhone by the end of its first full quarter of sales-and our new product pipeline is very strong.”
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