Apple
Apple posts $1.67 billion fourth quarter profit
By Jim DalrympleOctober 19, 2009, 1:32 pm PT
Apple on Monday reported its fiscal fourth quarter earnings, posting a profit of $1.67 billion on $9.87 billion in revenue. These results compare to revenue of $7.9 billion and profit of $1.14 billion in the year-ago quarter.
The company said it sold 3.05 million Macs during the quarter, representing a 17 percent unit increase over the year-ago quarter. Apple also sold 10.2 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter and 7.4 million iPhones in the quarter, representing seven percent unit growth over the year-ago quarter.
“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO, in a statement. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”
International sales accounted for 46 percent of the quarter’s revenue, Apple said in reporting its earnings.
Apple CFO Peter Oppenheimer said the company grew revenue by 12 percent and net income by 18 percent for the full year.
For the first fiscal quarter, the next one Apple will report, Oppenheimer said Apple expects revenue of $11.3 billion to $11.6 billion and diluted earnings per share in the range of about $1.70 to $1.78.
Apple’s stock closed up $1.81 or 0.96 percent at $189.86. In after-hours trading the stock is trading up $0.34 or 0.18 percent at $190.20.
Apple will hold its earnings conference call shortly — we will be updating live.
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Apple posts $1.67 billion fourth quarter profit
By Jim DalrympleOctober 19, 2009, 1:32 pm PT
Apple on Monday reported its fiscal fourth quarter earnings, posting a profit of $1.67 billion on $9.87 billion in revenue. These results compare to revenue of $7.9 billion and profit of $1.14 billion in the year-ago quarter.
The company said it sold 3.05 million Macs during the quarter, representing a 17 percent unit increase over the year-ago quarter. Apple also sold 10.2 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter and 7.4 million iPhones in the quarter, representing seven percent unit growth over the year-ago quarter.
“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO, in a statement. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”
International sales accounted for 46 percent of the quarter’s revenue, Apple said in reporting its earnings.
Apple CFO Peter Oppenheimer said the company grew revenue by 12 percent and net income by 18 percent for the full year.
For the first fiscal quarter, the next one Apple will report, Oppenheimer said Apple expects revenue of $11.3 billion to $11.6 billion and diluted earnings per share in the range of about $1.70 to $1.78.
Apple’s stock closed up $1.81 or 0.96 percent at $189.86. In after-hours trading the stock is trading up $0.34 or 0.18 percent at $190.20.
Apple will hold its earnings conference call shortly — we will be updating live.
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7 Responses to “Apple posts $1.67 billion fourth quarter profit”
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Holy crap …AAPL is up over $200 right now in after hours trading.
And it keeps going up!
Imagine how much more they would make if they made a $200 NetBook, a $100 tablet and a free iUnicorn!
They’re going to have a unicorn?
Yeah, Jim, but it’s going to be $1399. INSANE!
I can’t believe you fell for that rumor, Steven. Everyone knows iUnicorns can only be operated by virgins and alas, that really limits the market. The iPony, on the other hand, makes perfect sense.
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