Apple reports $770 million profit
04/25/2007 07:31 PM Filed under: Apple
Apple on Wednesday reported a $770 million profit for
the fiscal 2007 second quarter on $5.26 billion in
revenue. The profit worked out to $.87 per diluted
share. These results compare to revenue of $4.36
billion and net quarterly profit of $410 million, or
$.47 per diluted share, in the year-ago quarter.
The company shipped 1,517,000 Macs and 10,549,000 iPods during the quarter, representing 36 percent growth in Macs and 24 percent growth in iPods over the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue, according to Apple.
The company shipped 1,517,000 Macs and 10,549,000 iPods during the quarter, representing 36 percent growth in Macs and 24 percent growth in iPods over the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue, according to Apple.
“The Mac is clearly gaining market share, with sales growing 36 percent — more than three times the industry growth rate,” said Steve Jobs, Apple’s CEO in a prepared statement.
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