[DM-MUG] go Apple!

Darcy Baston dmmug@dmmug.org
Wed, 12 Jan 2005 20:03:16 -0600


=46rom macnn.com:

Apple today posted a net profit of $295 million, or $.70 per diluted share =
for its first financial quarter, the highest quarterly profit and revenue i=
n Apple's history. These results compare to a net profit of $63 million, or=
 $.17 per diluted share, in the year-ago quarter. Revenue for the quarter w=
as $3.49 billion, up 74 percent from the year-ago quarter. Gross margin was=
 28.5 percent, up from 26.7 percent in the year-ago quarter. International =
sales accounted for 41 percent of the quarter's revenue. Apple shipped 1,04=
6,000 Macs units and 4,580,000 iPods during the quarter, representing a 26 =
percent increase in CPU units and a 525 percent increase in iPods over the =
year-ago quarter.=20

 "We are thrilled to report the highest quarterly revenue and net income in=
 Apple's history," said Steve Jobs, Apple's CEO. "We've sold over 10 millio=
n iPods to date and are kicking off the new year with a slate of innovative=
 new products including iPod shuffle, Mac mini and iLife '05."=20

 "We're pleased to report 74 percent revenue growth, 26 percent Mac unit gr=
owth and 525 percent iPod unit growth," said Peter Oppenheimer, Apple's CFO=
=2E "Looking ahead to the second quarter of fiscal 2005, we expect revenue=
 of about $2.9 billion and earnings per diluted share of about $.40."


 I love news like this. :)
=20
 warm wishes,
 Darcy