Apple Inc. announced Tuesday that first quarter profits rose more than 77% to US$6 billion, or US$6.43 per diluted share, driven by record sales in three of its four major product categories, thereby beating analysts’ predicted earnings in the process. Per AppleInsider, the company also posted record revenue of US$26.74 billion for the three-month period […]
Tag: Peter Oppenheimer
Apple on Monday reported a “great fiscal quarter,” citing a quarterly profit of US$4.31 billion, compared to US$2.53 billion for the same period last year. Over the quarter, Apple recored US$20.34 billion in revenue, an increase of nearly 67 percent from the year-ago quarter’s sales figure of US$12.21 billion. Apple’s earnings of US$4.64 per diluted […]
As cool an idea as it may be, Apple’s rumored iTunes cloud service is apparently mired in licensing issues and could be further down the road than previously thought, though a limited version of the service could be released in 2010. Sources told CNet that if ‘in the cloud’ music features from Apple are released […]
Delivering its second quarter financial results on Tuesday, Apple announced that the company sold 10.89 million iPods during the quarter (compared to sales of 11.01 million iPods in the year-ago quarter, and down 48% from the previous quarter) and 8.75 million iPhones in the quarter (a 131% increase year-over-year, and up from 8.7 million units […]
Even if the global economy’s in iffy shape, you can’t tell it by Apple. Per Macworld, the company posted its best-ever performance for the first fiscal quarter, citing tallied sales of US$15.68 billion and a net quarterly profit of US$3.38 billion. That compares to year-ago figures of $11.88 billion in sales and US$2.26 billion in […]