Apple sold 2.16 Macs and 1.2 million iPhones last quarter

Posted on Tuesday, Oct 23 2007 @ 16:55 CEST by Thomas De Maesschalck
Apple announced better than expected financial results today. The firm made a net profit of $904 million last quarter, or $1.01 per share, with a total revenue of $6.22 billion.

These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue. Compared to the year before net profit is up by almost 60%.

Apple shipped 2,164,000 Macintosh computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac shipments by 400,000. Research firms Gartner and IDC claim Apple is now the third largest PC maker in the U.S, behind Dell and HP.

The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.

Also interesting is that the firm estimates about 250,000 iPhones have been unlocked, that's about one iPhone in 5.5 that has been unlocked.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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