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Apple posts $7.9 billion in revenue for Q4 2008

updated 05:20 pm EDT, Tue October 21, 2008

Apple Q4 2008 results

In an announcement of results for its fourth fiscal quarter for 2008, Apple has posted revenue of $7.9 billion, generating profit of $1.14 billion, or $1.26 per diluted share. Apple contrasts these figures with numbers from the same quarter last year, when the company recorded $6.22 billion in revenue, and net profits of $904 million. Gross margins for Q4 2008 are said to have been 34.7 percent, an increase from those of 2007, which were only 33.6 percent. International operations are said to have accounted for 41 percent of quarterly revenue.

Revenues and cost of goods for the iPhone and Apple TV have once again been deferred, as dictated by GAAP; adjusting for this, non-GAAP measures are said to be $11.68 billion of adjusted sales, and $2.44 billion of adjusted net income.

Mac shipments amounted to approximately 2,611,000 million, a 21 percent unit increase over Q4 2007, and a 17 percent revenue growth. iPod shipments numbered at 11,052,000, an 8 percent unit increase, and a 3 percent revenue growth. iPhones shipped during the quarter reached 6,892,000, which Apple notes is several times the 1,119,000 delivered in 2007.

The company further breaks its revenue down by noting a 35 percent increase in revenue for all of fiscal 2008, generating a total of $9.1 billion in cash. Looking towards the next quarter, Apple is guiding towards revenue between $9 and $10 billion, with earnings per diluted share somewhere between $1.06 and $1.35.




by MacNN Staff

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Comments

  1. testudo

    Joined: Dec 1969

    +1

    Well

    We can see why Apple had to drop firewire from the MacBook and dumping the mini. With them barely squeaking by, they've got to start cutting something.

  1. ZinkDifferent

    Joined: Dec 1969

    +1

    LOL!


    :-)

  1. vasic

    Joined: Dec 1969

    +1

    Shares up 4% in AH

    Shares took of in after-hours trading. After dipping to low 90s, they hit $103.35 late evening.

  1. chucker

    Joined: Dec 1969

    +3

    firewire

    you're probably right, I guess they just didn't want to pay the licensing fee for firewire any more...

  1. Feathers

    Joined: Dec 1969

    -5

    ...and they say

    ...and people say that Apple products aren't overpriced?

  1. Flying Meat

    Joined: Dec 1969

    +1

    Well I'm lost...

    What would be a respectable net profit for Apple to show?

    Now try the same question as if the company were yours.
    Would you still be in business? Will you still be in business 8 months from now?

    I gotta doubt it.

  1. Super Glitcher

    Joined: Dec 1969

    -1

    huh..

    and here I was thinking we just finished Q3..

  1. Peter Bonte

    Joined: Dec 1969

    +3

    accounting

    Its Apple's fiscal Q4, they use a different calendar. :)


  1. dimmer

    Joined: Dec 1969

    +2

    Errr

    "I guess they just didn't want to pay the licensing fee for firewire any more..."

    There are no licensing fees now for FireWire, and when there was, they were paid to Apple. Removing the legacy FireWire port on the MacBook (and earlier the MacBook Air) is just an indicator that FireWire is legacy and going away.

  1. malax

    Joined: Dec 1969

    +2

    He was kidding

    Like it or not Apple uses FireWire as a distinguishing feature of its pro line (the MacBook Pro having FW800). It's not really "going away" but it's certainly not ubiquitous any more.

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