Apple reports record quarter- some notes...
22/01/09 14:00 Filed in: Apple | Financial Results
Apple have reported another record quarter, with $1.61 billion profit for Q1 2009. Revenue was a record breaking $10.17 billion, half a billion higher than the same quarter in 2008. Cash and short term investments stood at a staggering $28 billion, up $3.6 billion in the quarter.
Here are a few points we noted from the financial conference call:
For more information please see our Apple Financials guide.
Here are a few points we noted from the financial conference call:
- 2.5 million Macs were sold in the quarter, 9% higher than Q1 2008
- Desktop sales declined by 25%
- iPod sales grew by 3%
- Apple sold 13.7 million iPhones in 2008- well ahead of the 10m target
- iPhones sales in the quarter accounted for $2.6 billion
- Apple retail stores attracted 4.6 million visitors in the quarter
- They plan to open 25 new stores in 2009- over half outside of the US
- Apple TV sales three times larger than Q1 2008
- US growth was only 2%- 16% growth for international sales
For more information please see our Apple Financials guide.
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