Geekzone: technology news, blogs, forums
Guest
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:

The President Of The USA: Donald Trump
Created by TimA, last reply by Rikkitic on 27-Feb-2017 12:10 (3349 replies)
Pages... 222 223 224


What is this green cabinet for?
Created by DarthKermit, last reply by MadEngineer on 24-Feb-2017 21:13 (20 replies)
Pages... 2


Best way to network my computers
Created by Rikkitic, last reply by Rikkitic on 24-Feb-2017 11:24 (75 replies)
Pages... 3 4 5


Netflix and Spark agreement
Created by freitasm, last reply by trig42 on 27-Feb-2017 12:06 (17 replies)
Pages... 2


Vodafone / SKY merger
Created by wingbat45, last reply by Rikkitic on 27-Feb-2017 11:22 (138 replies)
Pages... 8 9 10


Did Chorus Increase its Layer 2 speed ?
Created by Mikek, last reply by darylblake on 24-Feb-2017 22:46 (14 replies)

Geekzone ads are out of control
Created by 1101, last reply by andrewNZ on 25-Feb-2017 22:25 (66 replies)
Pages... 3 4 5


US citizens can buy grenade launchers
Created by kingdragonfly, last reply by Geektastic on 27-Feb-2017 11:59 (24 replies)
Pages... 2