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For six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul



Wednesday, October 18, 2006

Apple Reports Preliminary Fourth Quarter Results

Yikes. Apple just reported a record quarter for Mac sales, 1.61 million units:
Apple today ... posted revenue of $4.84 billion and net quarterly profit of $546 million, or $.62 per diluted share. These results compare to revenue of $3.68 billion and net profit of $430 million, or $.50 per diluted share, in the year-ago quarter. Gross margin was 29.2 percent, up from 28.1 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue.

Apple shipped 1,610,000 Macintosh computers and 8,729,000 iPods during the quarter, representing 30 percent growth in Macs and 35 percent growth in iPods over the year-ago quarter.
The company also announced that it ended its fiscal year with $10 billion in cash. Anyone who thought Apple was still marginalized will need to think again. These are some serious numbers.
[ Posted at 8:46 PM | Permalink ]

 



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