Thursday, January 13, 2005
Apple Reports Earnings, Major Increase In Revenues
Posted by Kent Pribbernow in "NEWS" @ 03:00 PM
"Apple® today announced financial results for its fiscal 2005 first quarter ended December 25, 2004. For the quarter, the Company posted a net profit of $295 million, or $.70 per diluted share. These results compare to a net profit of $63 million, or $.17 per diluted share, in the year-ago quarter. Revenue for the quarter was $3.49 billion, up 74 percent from the year-ago quarter. Gross margin was 28.5 percent, up from 26.7 percent in the year-ago quarter. International sales accounted for 41 percent of the quarter’s revenue. Apple shipped 1,046,000 Macintosh® units and 4,580,000 iPods during the quarter, representing a 26 percent increase in CPU units and a 525 percent increase in iPods over the year-ago quarter."
Wow! 350% increase over the year ago period? This is amazing performance! 8O There is no denying the iPod has completely changed Apple's fortunes, and is seeing massive growth in the consumer electronics market. Good job Apple! Now where in the hell is my Mac Mini? :puppydogeyes:
Wow! 350% increase over the year ago period? This is amazing performance! 8O There is no denying the iPod has completely changed Apple's fortunes, and is seeing massive growth in the consumer electronics market. Good job Apple! Now where in the hell is my Mac Mini? :puppydogeyes:
