macnn
04/23/2008, 4:30pm, EDT
Wednesday, April 23rd
Apple reports best second quarter ever
Apple has announced financial results for its fiscal 2008 second quarter, ended March 29, 2008, posting revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share. These results compare to revenue of $5.26 billion and net quarterly profit of $770 million, or $0.87 per diluted share, in the same quarter a year ago. Apple shipped 2,289,000 Macs in the most recent quarter, representing a 51 percent unit growth and 54 percent revenue growth over the year-ago quarter. The company also sold 10,644,000 iPods during the recent period, representing 1 percent unit growth and 8 percent revenue growth over the year-ago quarter. iPhone sales amounted to 1,703,000.
Gross margin was 32.9 percent, down from 35.1 percent the prior year. International sales, meanwhile, accounted for 44 percent of the revenue. Peter Oppenheimer, Apple's CFO, says that "looking ahead to the third quarter of fiscal 2008, we expect revenue of about $7.2 billion and earnings per diluted share of about $1.00."
Filed under: iPod, iPhone, Apple
Other story tags: Mac, financial
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...ok, money.cnn.com sez AAPL up 4% in after-hours trading but if you go look up their stock price, the after-hours action shows it up only $0.49.
I bet Apple looks especially good now that they performed so well in a recession.
this is one stock to buy on the dips, folks.
The usual, you know - best results ever, in a recession = stick drop
SIMPLY AMAZING NUMBERS and growth incredibly higher than any competition...GO APPLE GO!!!
Check this out, at the end of the new story about Apple's 2Q results at TheStreet.com:
"The guidance from Apple, considered one of the four horsemen of technology, along with Google, Research In Motion and Amazon.com...."
I didn't see Microsoft in there. Here comes Armageddon, Ballmer!
OK back to work with me, enough spamming the comments thread...