Apple 3Q results: Mac sales reach all-time high
Apple announced yesterday their financial results for its fiscal 2008 third quarter, which ended June 28, 2008. The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results are up from revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8 percent, down from 36.9 percent in the year-ago quarter. International sales accounted for 42 percent of the quarter’s revenue.
The great news about these numbers is that they’re not helped by the release of the iPhone 3G, which came out two weeks after the quarter ended. Instead, they’re the result of shipping 2,496,000 Macintosh computers during the quarter, representing 41 percent unit growth and 43 percent revenue growth over the year-ago quarter. Apple also sold 11,011,000 iPods during the quarter (7% revenue growth over the year-ago quarter) and 717,000 iPhones (compared to 270,000 in the year-ago-quarter).
“We’re proud to report the best June quarter for both revenue and earnings in Apple’s history,” said Steve Jobs, Apple’s CEO. “We set a new record for Mac sales, we think we have a real winner with our new iPhone 3G, and we’re busy finishing several more wonderful new products to launch in the coming months.”
Ah, yes. Several more wonderful new products. Let the speculation begin. New iPod designs? The elusive iTablet? The return of the eMate (one can only dream)?
Via [Apple]
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I’ve heard that the increase in Mac sales over the course of this year should be enough to push Mac market share over 10%, in which case the platform will have the most relevance it has seen in maybe two decades!
More companies will make software for the Mac and what little compatibility issues that still exist will have to be fixed because now one out of every ten people is using a Mac. This is the same sort of thing that happend once Firefox hit the 10% plateau in the browser wars. It used to have a lot of compatibility issues, and now it has virtually none.
on July 22, 2008 at 11:21 AM - LINK