Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Apple reports 2010 first quarter results
Posted on 26-Jan-2010 16:57. | Tags Filed under: News.

Apple today announced financial results for its fiscal 2010 first quarter ended December 26, 2009. The Company posted revenue of US$15.68 billion and a net quarterly profit of US$3.38 billion, or US$3.67 per diluted share.

These results compare to revenue of US$11.88 billion and net quarterly profit of US$2.26 billion, or US$2.50 per diluted share, in the year-ago quarter. Gross margin was 40.9 percent, up from 37.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter's revenue.

Apple sold 3.36 million Macintosh computers during the quarter, representing a 33 percent unit increase over the year-ago quarter. The Company also sold 8.7 million iPhones in the quarter, representing 100 percent unit growth over the year-ago quarter. Apple sold 21 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter.

"If you annualize our quarterly revenue, it's surprising that Apple is now a $50+ billion company," said Steve Jobs, Apple's CEO. "The new products we are planning to release this year are very strong, starting this week with a major new product that we're really excited about."

"We are very pleased to have generated $5.8 billion in cash during the quarter," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the second fiscal quarter of 2010, we expect revenue in the range of about $11.0 billion to $11.4 billion and we expect diluted earnings per share in the range of about $2.06 to $2.18."

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Rise of the machines
Created by Rikkitic, last reply by Elpie on 24-Oct-2016 16:31 (34 replies)
Pages... 2 3

Sony XZ Owners discussion
Created by networkn, last reply by Geektastic on 24-Oct-2016 14:48 (107 replies)
Pages... 6 7 8

Gigabit cable now available
Created by sub, last reply by Pumpedd on 23-Oct-2016 10:48 (59 replies)
Pages... 2 3 4

Labour weekend plans?
Created by DarthKermit, last reply by joker97 on 22-Oct-2016 09:51 (27 replies)
Pages... 2

Windows 10: HDMI or DP to connect to 4K monitor?
Created by joker97, last reply by joker97 on 23-Oct-2016 19:04 (12 replies)

Kiwibank Platinum by fees not by service?
Created by joker97, last reply by openmedia on 22-Oct-2016 11:23 (22 replies)
Pages... 2

Are the Fritzbox Actually Any Good?
Created by Kopkiwi, last reply by sidefx on 23-Oct-2016 10:20 (10 replies)

'Unlimited National Traffic'
Created by MikeAqua, last reply by Nil Einne on 21-Oct-2016 20:54 (20 replies)
Pages... 2