Apple earnings soar, 1.4 million iPhones sold to date
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As expected, it was another great quarter for Apple, with Mac shipments leading the way as the company sold more than a million iPhones.
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Apple said its revenue rose by 35 percent to $9.6 billion in its year-ending business quarter, driven by record Macintosh, iPod and iPhone sales as well as strong demand for the company's latest software release. Net profit rose to $1.58 billion, or $1.76 per share, versus $1 billion in the fourth quarter of 2006.
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Apple Computer Inc.  on Wednesday reported its quarterly profit more than doubled as it sold more than 2 million iPod digital music players and said results for the current quarter would top Wall Street estimates.
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For its fiscal 2004 fourth quarter, Apple posted a net profit of $106 million, or $.26 per diluted share. These results compare to a profit of $44 million, or $.12 per share, a year ago. Revenue for the quarter was $2.35 billion, up 37% from a year ago. Gross margin was 27%, up from 26.6% last year. International sales accounted for 37% of revenue. [Oct 13]
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Apple Inc  blew by  analysts' estimates with a 67 percent rise in profit on Monday  as the popularity of its iPhone and iPod boosted Macintosh  computer sales, and its shares jumped 7 percent.
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SAN JOSE, Calif. - Apple Inc.'s fiscal fourth-quarter profit jumped 67 percent and easily beat Wall Street expectations, capping a record-breaking year that saw unprecedented momentum in its Mac business, ceaseless consumer interest in its iPod players, and a successful introduction of its newest endeavor, the iPhone.
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Sold a lot of iPhones in two days AT&amp;T is celebrating after posting another strong quarter - bringing in $29.5bn in revenues and making reported net profit of $2.9bn, up from $1.8bn last year on revenue of $15.8bn.â¦
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Shares of Apple Inc.  rose more than 3 percent on Thursday as investors bet on strong demand for its media-playing iPhone, almost a week after its U.S. launch, and speculation mounted over plans to sell the device in Europe.
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Apple Computer Incâs quarterly profit has more than doubled on sales of 2 million iPod digital music players. Q4 earnings per share of the company have beaten Wall Street expectations by 50 per cent.
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Apple Inc said on Monday it has sold  its one-millionth iPhone, just days after it cut the price of  its smartphone by $200.
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Apple Computer saw its shares jump 13 percent after it delivered a strong quarterly earnings report. Sales were propelled by burgeoning demand for the iPod digital-music player.
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Shares of Apple Inc.  rose  more than 3 percent on Thursday as investors bet on strong  demand for its media-playing iPhone, almost a week after its  U.S. launch, and speculation mounted over plans to sell the  device in Europe.
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Many in the tech industry will be watching today's earnings announcement from Apple, when the company will reveal -- among other things -- how many iPhones it has sold in the first full quarter of the product's existence. See our full coverage of the announcement on Epicenter.
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InfoWorld - Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.
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Apple Inc. has sold four million iPhones since the cellphone, which includes Internet access, videos and music, was launched in June, chief executive Steve Jobs said Tuesday.
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Apple reported revenue for the quarter of $2.35 billion, up 37% from the $1.72 billion recorded during last year's fourth quarter.
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Apple posted a quarterly profit today that more than quadrupled on skyrocketing sales of its iPod digital music players and strong demand for its PowerBook notebook PCs.