iPhone helps Apple ring up profit
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Apple sees profits surge 57% in the three months to December, but profit forecast disappoints.
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Net income increase 41%, revenue nearly doubles AT&amp;T posted a 41 per cent profit increase in the third quarter, largely attributed to iPhone sales.â¦
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Stocks rose in a holiday-shortened session on Tuesday, lifted by fresh takeover talk and expectations that Apple Inc.  will make higher-than-expected profit margins on its iPhone.
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Apple reported a 57 percent jump in first-quarter profit, but it also gave a forecast that missed analysts' estimates, sending shares down.
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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 Computer beat third-quarter profit expectations, crediting the continued popularity of its iPod music players and growing interest in Macintosh computers.
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The company also benefited from Appleâs strong sales of the iPhone, for which AT&T is the sole carrier.
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Apple Inc. on Monday reported strong earnings for its fourth quarter, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.
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Apple Computer has announced that its fourth-quarter profit more than doubled because of continued strong sales of iPod music players, beating Wall Street estimates by a wide margin despite a shortage of semiconductors used in its computers.
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Apple Computer Inc.  on Wednesday posted a quarterly profit that more than quadrupled on skyrocketing sales of its iPod digital music players and strong demand for its PowerBook notebook PCs.
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CUPTERTINO, Calif. -- Apple Inc. said Tuesday its fiscal first-quarter earnings jumped about 57 percent, aided by iPod and iPhone sales, but shares plunged on an outlook that was well below expectations.
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Announcing its  fiscal 2007 fourth quarter results, Apple reported today that it had posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. In the fourth quarter, Apple shipped 2,164,000 Macs, representing 34% growth over the year-ago quarter and exceeding the previous quarterly record for Mac shipments by 400,000. Apple also sold 10,200,000 iPods (representing 17% growth over the year-ago quarter) and 1,119,000 iPhones, bringing cumulative fiscal 2007 iPhone sales to 1,389,000.
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Apple Inc. reported Tuesday its best quarter ever as profits soared to 1.58 billion dollars in the last three months of 2007 on demand for its Macintosh computers, iPhones and iPods.
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Someone activate the reality distortion field Apple reported its best quarter ever, as sales of iPods, Macs and iPhones lifted profit by a staggering 57 per cent. But unexpectedly low guidance for the current quarter, combined with flattening iPod sales in the US, sparked analyst concerns that a flagging US economy might dampen Apple's future.â¦
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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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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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Shares of Apple Computer Inc.AAPL.O  rose more than 10 percent in early trade on Thursday, boosted  by its report that quarterly profit and revenue jumped on  robust sales of its iPod digital music players, and optimism  for results in the current quarter.