01/18/2006, 4:30pm, EST
Wednesday, January 18th
Apple reports $565 million net profit
"We are thrilled to report the best quarter in Apple's history," said Steve Jobs, Apple's CEO. "Two highlights of an incredible quarter were selling 14 million iPods and getting ready to launch our new Macs with Intel processors five to six months ahead of expectations. We are working on more wonderful products for 2006, and I can't wait to see what our customers think of them."
"We're very pleased to report year-over-year revenue growth of 65 percent and net income that was nearly twice the year-ago level," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the second quarter of fiscal 2006, we expect revenue of about $4.3 billion. We expect GAAP earnings per diluted share of about $.38, including an estimated $.04 per share expense impact from non-cash stock-based compensation, translating to non-GAAP EPS of about $.42."
Filed under: Apple
, 
, 16
, 
, 
, 
, 
, 
, 
Top
subscribe to comments
for this article
Remember all those analysts who said that iPod sales will level off because the market was saturated? I wonder what they are thinking now that the exponential rate of growth continues.
The "Apple is doomed crowd" seem to be slowly disappearing. I think its safe to say that most of us will miss them when they eventually go the way of the Dodo. After all, they have been so entertaining.
apple is so done for. they have maybe 9 months of cash left, their customers hate them and they can't run windows even.
they are doomed.