Apple reports record quarter, smokes estimates
Apple today announced financial results for its fiscal 2005 third quarter ended June 25, 2005, reporting the highest revenue and earnings in the Companyâs history.
Apple shipped 1,182,000 Macintosh units and 6,155,000 iPods during the quarter, representing 35 percent growth in Macs and 616 percent growth in iPods over the year-ago quarter.
âWe are delighted to report Appleâs best quarter ever in both revenue and earnings,â said Steve Jobs, Appleâs CEO. âThe launch of Mac OS X Tiger has been a tremendous success, and we have more amazing new products in the pipeline.â
âWeâre very pleased to report 75 percent revenue growth and a 425 percent increase in net income,â said Peter Oppenheimer, Appleâs CFO. âLooking ahead to the fourth quarter of fiscal 2005, we expect revenue of about $3.5 billion and earnings per diluted share of about $.32.â
Apple will provide live streaming of its Q3 2005 financial results conference call set to begin at 2:00 p.m. PDT / 5:00 p.m. EDT today. AppleInsider will provide full coverage.
15 Comments
Doesn't really matter though does it.. idiot traders and analysts only look at guidance and even though consistently Apple offers conservative guidance they aren't smart enough to see that.. so forget Apple stock for now.. there just isn't enough smart people who invest to make it worthwile..
WAKE UP YOU GODDAMN IDIOTS
Eep! They aren't an under-dog anymore! Now what counter-culture PC can I buy? :-(
I'm kidding! Good job Apple! I'm just happy everyone else is getting to see what makes Macs so good for computing.
You have more time for life if they work right...
Holy Shite.
That's all I have to say...
I wonder if the Intel announcement even made a dent on sales? Great news.
I wonder if the Intel anouncemnt even made a dent on sales? Great news.
We'll better know next quarter but I'm guessing it won't affect sales much...unless Apple doesn't actually bring the 'new products in the pipelines' out soon.