Apple reports best Quarterly Revenue and Earnings in Apple History

Jan 21 2009, 11:46pm CST | by Luigi Lugmayr

Apple today announced financial results for its fiscal 2009 first quarter ended December 27, 2008. This is the most important quarter for electronics retailers as it includes the holiday shopping.
Apple posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share, in the year-ago quarter.

Gross margin was 34.7 percent, equal to the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue. Apple sold 2,524,000 Mac computers during the quarter, representing 9% percent unit growth over the year-ago quarter. The company sold a record 22,727,000 iPods during the quarter, representing 3% unit growth over the year-ago quarter.
Quarterly iPhone units sold were 4,363,000, representing 88% unit growth over the year-ago quarter.

Apple is a global company and this saved their sales numbers last Quarter with close to half of its sales being international. Like for every other company the toughest quaerter is the one we are in right now.
Via this Apple announcement.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.