Apple Mac Sales rise 51%
Topic: Notebooks and PCs
Posted on Wed, 23 Apr 2008 23:33:43 CDT | by Luigi Lugmayr
Apple announced its fiscal 2008 Q2 earnings with a surprising surge in Apple Mac sales by 51% compared with the same quarter a year ago.
Apple shipped 2,289,000 Macintosh computers during the quarter, representing 51% unit growth and 54% revenue growth over the year-ago quarter.
The Company sold 10,644,000 iPods during the quarter, representing one percent unit growth and eight percent revenue growth over the year-ago quarter. Quarterly iPhone sales were 1,703,000.
Revenues also surged and are up by 43%.
Apple posted revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share. These results compare to revenue of $5.26 billion and net quarterly profit of $770 million, or $.87 per diluted share, in the year-ago quarter. Gross margin was 32.9 percent, down from 35.1 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter’s revenue.
Despite these great numbers, the Apple stock lost in after hour trading.
More details in this Apple announcement.
Posted on Wed, 23 Apr 2008 23:33:43 CDT | by Luigi Lugmayr
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