AppleInsider StaffThe 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. International sales accounted for 40 percent of the quarter's revenue.
"We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007," said Apple chief executive Steve Jobs. "We're looking forward to a strong December quarter as we enter the holiday season with Apple's best products ever."
Apple shipped 2,164,000 Macintosh computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac shipments by 400,000. The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.
"Apple ended the fiscal year with $15.4 billion in cash and no debt," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the first quarter of fiscal 2008, we expect revenue of about $9.2 billion and earnings per diluted share of about $1.42."
Andrew Orr
Amber Neely
William Gallagher
Christine McKee
88 Comments
Wow. Pretty good stuff! Nice to see the all-important market share # going up.
$184.13 and rising.
Wow, the rumor mill got it spot on again!
There seems to be a leak at the top at Apple.
With that kind of cash in reserves, I'm thinking there will be a strong possibility that Apple will be interested in the FCC auction in Jan. '08
Where can I get after-hours prices? AAPL seems to beat or reach top-end of every estimate. Waiting to hear from confc income per iPhone/AT&T subscriber.