Wednesday, July 13, 2005
Apple Reports Strong Earnings Based on iPod, Mac Sales
Posted by Kent Pribbernow in "NEWS" @ 03:00 PM
"Fueled by continued strong iPod sales, Apple Computer reported fiscal third-quarter earnings and sales that easily topped expectations. The Mac maker said it earned $320 million, or 37 cents per share, on revenue of $3.52 billion for the three months ended June 30. In the same quarter a year ago, Apple earned $61 million, or 8 cents per share, on revenue of $2.08 billion. Analysts had been expecting the company to report earnings of 31 cents per share, with revenue of $3.34 billion according to First Call."
No surprises here, except that Mac mini hasn't been a big hit. iPod sales keep on fueling Apple's profits. Macs are doing fairly well, but not setting the market on fire. For every Mac, six iPods are sold.
No surprises here, except that Mac mini hasn't been a big hit. iPod sales keep on fueling Apple's profits. Macs are doing fairly well, but not setting the market on fire. For every Mac, six iPods are sold.
