Apple yesterday Webcasted their Q2 2006 financial results conference call.
Second-quarter profit rose 41 percent even after iPod and Mac shipments fell from a record holiday season. Net income rose to US$410 million, or 47 cents a share, from US$290 million, or 34 cents, a year earlier. Sales increased 34 percent to US$4.36 billion, compared with growth that averaged 65 percent in the prior five periods.
Shipments of iPods fell to 8.5 million units from 14 million in the previous (holiday) quarter marking the first time in more than three years that iPod shipments haven’t increased over the previous quarter. Mac shipments also fell to 1.1 million from 1.25 million over the holidays as Apple switched to Intel processors.
Read the rest of the story on my ZDNet Blog: The Apple Core.
Apple yesterday Webcasted their Q2 2006 financial results conference call.
Second-quarter profit rose 41 percent even after iPod and Mac shipments fell from a record holiday season. Net income rose to US$410 million, or 47 cents a share, from US$290 million, or 34 cents, a year earlier. Sales increased 34 percent to US$4.36 billion, compared with growth that averaged 65 percent in the prior five periods.
Shipments of iPods fell to 8.5 million units from 14 million in the previous (holiday) quarter marking the first time in more than three years that iPod shipments haven’t increased over the previous quarter. Mac shipments also fell to 1.1 million from 1.25 million over the holidays as Apple switched to Intel processors.
Read the rest of the story on my ZDNet Blog: The Apple Core.
