iSales prop up Apple results
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Fruity one nears a billion in fiscal Q4 Apple is celebrating a strong fourth quarter with revenues of $6.22bn in the three months ending 29 September 2007, and a profit of $904m, or just over $1 a share.â¦
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The design pares component costs, boosting Apple's profit, says iSupply.
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That&#39;s the number of music players that Apple Computer (nasdaq: AAPL - news - people ) said it sold in its most recent quarter.
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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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Apple Computer Inc. reported yesterday that profit in its fourth fiscal quarter jumped 140 percent from the comparable quarter last year.
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Plus: Outstanding earnings for Apple...Xerox profits from color printers...Alltel profit, revenue rise...SanDisk earnings top estimates.
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Apple stock is on the rise once again, as analysts raise their target prices and provide support of an iPod &#39;halo&#39; effect.
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Apple Computer Inc. AAPL.O 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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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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Investors appeared to second the optimistic views on Apple Computer's (AAPL) sales expressed by Wall Street analysts on Dec. 13. Apple's shares climbed 3.4% to $89.05 per share in late trading on the Nasdaq.
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Apple's recipe for success continues to entice.
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Apple Computer Inc. AAPL.O 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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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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NEW YORK -- Apple Inc.'s shares jumped in high-volume trading Tuesday after researchers said the company will reap a gross profit margin in excess of 55 percent on its 8 gigabyte iPhones.
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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 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.
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Analyst Charles Wolf says Apple Computer inc. is on a roll and has bumped up target prices for the company's stock. He also predicted the company could have more than 8% of the worldwide PC market by 2016.