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.
Fresh-Faced Recruit
Joined: Aug 2001
What recession?
Doesn't seem to be one in Cupertino ...