More of my sites

WinInfo Daily News
SuperSite for Windows
Windows IT Pro Magazine
Connected Home
Thurrott Dot Com
Windows Weekly at TWIT

About this site

For six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul

Thursday, April 14, 2005

Apple Reports Second Quarter Results

Apple:

Apple today announced financial results for its fiscal 2005 second quarter ended March 26, 2005. For the quarter, the Company posted a net profit of $290 million, or $.34 per diluted share. These results compare to a net profit of $46 million, or $.06 per diluted share, in the year-ago quarter. Revenue for the quarter was $3.24 billion, up 70 percent from the year-ago quarter. Gross margin was 29.8 percent, up from 27.8 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue.

Apple shipped 1,070,000 Macintosh units and 5,311,000 iPods during the quarter, representing a 43 percent increase in CPU units and a 558 percent increase in iPods over the year-ago quarter.

Great news all around, no doubt about it. It's sort of an interesting commentary on the success of the iPod that some analysts were actually disappointed in iPod sales: Apparently, some were looking to see 6 million or more iPods sold in the quarter. But the results as they stand are simply fantastic, especially when you consider that the first quarter of the year isn't historically a big one for electronics sales.

[ Posted at 8:24 AM | Permalink ]