AAPL Stock: 123.25 ( -0.99 )

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Apple posts 'best non-holiday' quarterly results

updated 05:00 pm EDT, Tue July 21, 2009

Official Apple Q3 results

As promised, Apple has published the results of its fiscal third quarter, which ended June 27th. Total GAAP revenue is calculated to have been $8.34 billion, generating a net profit of $1.23 billion, and earnings per share of $1.35. Gross margins are reported at 36.3 percent, up from 34.8 percent a year ago; the figure is also substantially higher than many research estimates.

Non-GAAP revenue -- incorporating the iPhone and the Apple TV -- is said to include $9.74 billion in adjusted sales, and $1.94 billion in adjusted net income. Within the sales numbers are said to be 2.6 million Macs, a four percent growth over Q308. iPods rose 7 percent to 10.2 million, while iPhone units grew a colossal 626 percent, hitting 5.2 million. The latter figure is attributable to the iPhone 3G only launching in July of 2008.

In a statement, CFO Peter Oppenheimer describes the quarter as showing "record non-holiday quarter revenue and earnings," built off operations of $2.3 billion. Guidance for Q409 includes revenue between $8.7 and $8.9 billion, and an EPS ranging from $1.18 to $1.23.

by MacNN Staff





  1. chas_m



    What recession?

    Doesn't seem to be one in Cupertino ...

  1. cartoonasaur

    Joined: Dec 1969


    AAand DOWN goes the stock

    Shazzam! Profits tic upwards, stock tics downwards - LOL
    Almost every time, like clockwork... Dunno why, but it's always worth a chuckle.

    Go Apple! Go on witcha bad self!

  1. slapppy

    Joined: Dec 1969


    More Laptop

    Keep those laptop hunter ads coming. It seems to help sell more Mac. LOL

  1. climacs

    Joined: Dec 1969



    AAPL up nearly 5% (~$7) in after-hours trading.

    After-hours is light and vulnerable to large swings which vanish when the market opens the next day. But still... pretty impressive.

    Can't wait for those Microsuck stores to open next to Apple stores. Bring... it... on!

  1. rtbarry

    Joined: Dec 1969


    buy on rumor...

    ...sell on news.

    has nothing to do with merit. the institutionalized gamblers in the markets are just milking this predictable b****.

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