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Apple demolishes Street with best quarterly revenue and earnings in company history in fiscal Q109
MacDailyNews —
... billion, or $1.76 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, equal to the year-ago quarter. International sales accounted for 46 percent of the quarter's revenue. In accordance with the subscription accounting treatment required by GAAP, the Company recognizes revenue and cost of goods sold for iPhone and Apple TV over their economic lives. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures for the quarter are $11.8 billion of "Adjusted Sales" and $2.3 billion of ...
Apple Quarterly Revenues Over $10 Billion for First Time Ever [Apple]
Gizmodo —
... $10 billion in quarterly revenue for the first time ever,” said Steve Jobs, Apple’s CEO. “Our outstanding results generated over $3.6 billion in cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2009, we expect revenue in the range of about $7.6 billion to $8 billion and we expect diluted earnings per share in the range of about $.90 to $1.00.” [SEC via AllThingsD, Apple]
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Apple Posts Record Quarter, $1.6 Billion Profit for Q1 2009
MacBlogz - One Stop Apple News —
... Apple has posted some record numbers pertaining to first quarter revenue in 2009. Most notably, this is the company’s most successful quarter ever recorded. ...
Apple records another record quarter -- $1.61B profit
Engadget —
Apple just announced its quarterly results, and it looks the brutal economy isn't bruising the fruit at all -- the company posted a record $1.61B profit on $10.17B in revenue. Adjusted to reflect the subscription accounting Apple uses for the iPhone and Apple TV, that's $2.3B of income on $11.8B of revenue. Sales were all strong -- Macs were up nine percent to 2.5M sold, iPods up three percent to 22.7M sold, and iPhones were up 88 percent to 4.3M sold. If you're keeping track, that means Apple's now sold well over 10M iPhone 3Gs on top of beating its goal of ...
Apple Posts $10.2 Billion Revenue for Q1 2009
TidBITS: Mac News for the Rest of Us —
... Despite the poor state of the economy, Apple has good news for its latest quarter of results. The computer company hit $10.2 billion in revenue, $1.6 billion in profit, and sold oodles of products: 4.4 million iPhones, 22.7 million iPods, and 2.5 million Macs in the quarter ending December 27, 2008 (the second highest number in Apple's history for Mac sales). Revenue was up slightly over the same quarter in 2007, which saw $9.6 billion in revenue (see " ...
Apple Q1 2009 By the Numbers
Apple Watch —
... revenue. What's confusingI won't say improperis reporting GAAP and non-GAAP revenue so closely together. Certain accounting practices are in place for a reason . It's correct accounting practice to defer subscription revenue over the life of a subscription contract. Apple shouldn't try to circumvent proper practice by so vocally disclosing non-GAAP and GAAP results. I won't record the non-GAAP numbers, because they are confusing to real results. If you want them, see Apple's press release . Sweet Music Apple's music segment greatly benefited from the weak economy. Going ...
Apple Earnings, Revenue Defy Economic Slowdown
InformationWeek - All Stories And Blogs —
... shipments rose 3% in the quarter compared to a year ago to 22.7 million units. IPhone shipments soared 88% to 4.4 million units. "Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history -- surpassing $10 billion in quarterly revenue for the first time ever," Steve Jobs, co-founder and chief executive of the company, said in a statement. Apple's profits beat Wall Street expectations, sending the company's shares up nearly 10% in afterhours trading. The company reported net income of $1.61 ...
Apple Call: First, How's Steve? Now, Let's Talk About Strong iPod-iTunes Sales
paidContent —
... We believe we need to own the primary technologies that we make, and only participate in markets where we can make a significant contribution. We believe in deep collaboration and cross-pollination of our groups. We don't settle for anything less than excellence. We admit when we are wrong and have the courage to change. Regardless of who is in what job, those values are so embedded in the company, and I strongly believe that Apple is doing the best work in its history."
Release | Webcast
Other highlights from the call:
—Music ...
Apple Quarterly Sales Results: What Depression?
Technologizer —
Apple Logo I’m not a financial analyst, so I hesitate to do anything that smacks of analyzing finances. But Apple just released its financial results for its first fiscal quarter and hosted a conference call to discuss them , and the news seems mostly good, especially given the dire condition of the economy. The company reported record quarterly revenue and profit, and also revealed the following: Macs: 2.5 million Macs were sold in the quarter, representing 9 percent growth. 71% of them were notebooks; desktop sales, not surprisingly, are down. Macs sold Apple pointed out ...
Apple's full statement on the Q1 Earnings numbers
9 to 5 Mac - Apple Intelligence —
Apple Reports First Quarter Results
Best Quarterly Revenue and Earnings in Apple History
iPod Sales Set New Record
CUPERTINO, California—January 21, 2009—Apple® today announced financial results for its fiscal 2009 first quarter ended December 27, 2008. The Company posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share, in ...
Selling Apples in the Recession
Bits —
... . A few tidbits from the company’s earnings report and the conference call with analysts that jump out at me: The recession in some ways has helped Apple. Lower prices for memory chips and LCD display panels helped boost its profit margins. Peter Cook, the company’s chief operating officer, said that he believes that many manufacturers are selling components at cost, so the recession bonus won’t last. In fact, the company predicts its margins will shrink by the second half of the year. As for product mix, the company sold 3 percent more iPods in the last quarter of 2008 ...
Apple reports best Quarterly Revenue and Earnings in Apple History
I4U News —
... unit growth over the year-ago quarter. The Company sold a record 22,727,000 iPods during the quarter, representing 3% unit growth over the year-ago quarter. Quarterly iPhone units sold were 4,363,000, representing 88% unit growth over the year-ago quarter. Apple is a global company and this saved their sales numbers last Quarter with close to half of its sales are international. Like for every other company the toughest quaerter is the one we are in right now. Via this Apple announcement . Posted on Wed, 21 Jan 2009 23:46:01 CST | by Luigi Lugmayr ...
Apple Beats Analysts by Profiting US$1.61bn
PhoneReport v2.0 - latest news, specs, reviews, interviews, and analysis —
... and earnings in Apple history—surpassing $10 billion in quarterly revenue for the first time ever,” said Steve Jobs, Apple’s CEO.
“Our outstanding results generated over $3.6 billion in cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2009, we expect revenue in the range of about $7.6 billion to $8 billion and we expect diluted earnings per share in the range of about $.90 to $1.00.”
Detailed statement at Apple.
Apple Reports Record Earnings, Despite Recession
Gearlog —
... "Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history--surpassing $10 billion in quarterly revenue for the first time ever," Steve Jobs said in a statement issued yesterday.
Apple debunks iPhone Nano rumor, disses netbooks and defends its technology
Boy Genius Report —
Amongst all the financial details being discussed during Apple’s first quarter 2009 earnings conference call, acting CEO Tim Cook fielded questions on iPhone pricing, the netbook market and Apple’s ability to sustain its leadership in a crowded mobile phone market. First and foremost, Cook dismissed the idea of a low cost iPhone nano by stating,
“You know us, we’re not going to play in the low-end voice phone business. That’s not who we are. That’s not why we’re here. We’ll let somebody do that, ...
Targus Bluetooth Laser Mouse for Mac — Reviewed
Alice Hill's Real Tech News - Independent Tech —
By Martin Regtien Contributing Writer, RealTechNews Targus BT Mouse With Apple’s sales figures continuing to grow , more and more products are being marketed directly at the think different crowd. Joining the fray are Targus who have released a whole line of for Mac products. And for the past month, the Bluetooth Laser Mouse from this collection just happens to have been paired to my shiny new MacBook Pro. Read on for my review ...
Zune Gasps for Breath
Wired: Gadget Lab —
... But this is one thing that Microsoft will have trouble blaming on the economy. Earlier this week Apple said it sold 22.7 million iPods during the previous quarter, a three percent growth from the year before. ...
SanDisk Changes Strategy On Digital Music Players
Wired: Gadget Lab —
... Yet SanDisk has barely managed to make a dent in iPod's hegemony. Earlier this month, Apple said it sold 22.7 million iPods worldwide in the previous quarter, a three percent growth from the year before. ...
iPod Touch Helps Mobile Internet Use Grow [GigaOM]
GigaOM Network —
... In U.S. alone, iPod Touch Generated about 12.3% of the total requests. For Apple, iPod Touch provides the volumes that allows it to sell more applications via its iTunes App store. In its most recent quarter, Apple reported selling over 22 million iPods. It has sold more than 500 million applications. As I wrote earlier, “over a period of time, the iPod Touch will become an increasingly important booster of the mobile web.” ...
Is the Macintosh tide ebbing?
TechBlog —
... . Of course, Microsoft's edge here comes from the fact that Windows Vista was perceived as such a dog, and Windows 7 is getting much better reviews. We'll seen in the end if Win7 lives up to the hype that's been generated by its early release. If the Macintosh tide is indeed ebbing, we should start to see it with Apple's next quarterly earning report. The company did remarkably well at then end of 2008, but it warned that things would be tougher going forward. I think Apple's leadership also suspects the tide of Windows switchers may be going out for a while. Posted by ...
Despidos XXVIII
Gizmología —
... , todos de ventas. El motivo es el de reducir esta plantilla porque en Apple prefieren vender directamente desde la página web o desde sus tiendas. En realidad estos despidos no tiene nada que ver con la crisis, bueno, eso se supone, Apple aun mantiene el nivel al alza en ventas. ...
Apple iPhone smartphone market share more than doubled in fourth quarter 2008
MacBytes.com —
... Sharp. RIM recorded an increase in sales both sequentially and year-over-year, while Nokia's volumes continued to fall. Table 1 Worldwide: Smartphone Sales to End Users by Vendor, 4Q08 (Thousands of Units) [image] Note: Under the name HTC, Gartner counts only the company's own-branded devices. The devices that HTC designs for mobile operators are shown separately under the operators' names in these statistics. Source: Gartner (March 2009) MacDailyNews Note: On January 21, 2009, Apple reported sales of 4.363 million iPhones for the fourth calendar quarter of 2008 . Gartner's ...
Android Smoke and Mirrors
dailywireless.org —
... In the quarter ending December 27, 2008, Apple sold 4.4 million iPhones. T-Mobile sold 639,000 G1 phones in the last quarter of 2008 — despite shipping almost a month into the start of the quarter. ...
Apple to webcast Q209 financial results conference call on April 22nd
MacDailyNews —
... after market close. Results are usually posted around 4:30pm ET and MacDailyNews will have them posted for you as soon as they are released. Shortly afterwards, Apple’s conference call webcast discussing Q209 financial results will begin at 2pm PT/5pm ET on Wednesday, April 22, 2009. As usual, MacDailyNews plans to offer live notes of the call. The consensus estimates of analysts polled by ThompsonFN call for Apple (AAPL) to earn $1.08 per share on revenue of $7.95 billion. On January 21, 2009 , Apple CFO Peter Oppenheimer provided guidance of "revenue in the range of about ...
4 million iPhones to sell in Q2 2009?
TechSpot —
... for the second quarter of this year. No specifics are posted on whether they are current gen, next gen or a mix thereof. It's possible the order may include as of yet unsold models of the iPhone, but Apple never releases that sort of information. It wouldn't be a surprise if Apple expects to exhaust that supply of 4 million within just a few months, either. If you recall, at the beginning of this year Apple made it known that they had sold 4.4 million iPhones in the last quarter of 2008 alone, with the total number of units sold probably approaching 20 million at this ...
Confirmed: Apple Sold 1 Million iPhone 3G S units
Byte of the Apple - BusinessWeek —
... . Having been out on medical leave since Jan. 5, he's expected back at work at the end of this month. The last time Jobs was quoted in an Apple press release was on Jan. 21 when the company reported earnings for its first fiscal quarter. Maybe I'm trying too hard to read something out of the tea leaves, but could this be the signal that Jobs is back on the job? ...
Apple CEO Steve Jobs back on the job: Over 1 million iPhone 3GS units sold in first three days
MacDailyNews —
... the third day after its launch. In addition, six million customers have downloaded the new iPhone 3.0 software in the first five days since its release. “Customers are voting and the iPhone is winning,” said Steve Jobs, Apple’s CEO, in the press release. “With over 50,000 applications available from Apple’s revolutionary App Store, iPhone momentum is stronger than ever.” MacDailyNews Note: He's baaack: Apple CEO Steve Jobs has not been quoted in an Apple Inc. press release since January 21, 2009 , one week after Apple issued a " ...
