Home › DMW Daily › April 22, 2009

Apple Profits Up 15% in Q2; 3.79 Million iPhones Sold

Authored by Mark Hefflinger on April 22, 2009 - 12:01pm.
Cupertino, Calif. - Apple (NASD: AAPL) on Wednesday reported a 15% profit increase for the second quarter, to $1.21 billion, beating Wall Street analysts' estimates. The company said it sold 3.79 million iPhones during the quarter, a 123% increase over the same period a year ago. Apple also sold 11 million iPods, a 3% increase, and 2.22 million Mac computers -- a 3% decline.

"We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history," said Apple CFO Peter Oppenheimer.

"Apple's financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet. Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about $7.7 billion to $7.9 billion and we expect diluted earnings per share in the range of about $.95 to $1.00."

 

Related Links:
http://www.apple.com/pr/library/2009/04/22results.html

Published in DMW Daily, April 22, 2009
tags: Mobile | Music | iPod | Apple | iPhone | Financials |



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