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Apple report profit of $770 million for Q2

Gross margin reaches 35%...

Apple have reported a $770 million profit for the second quarter of 2007, with $5.26 billion in revenue. This compares to $4.36 billion and profit of $410 million in the same quarter in 2006. Operating expenses rose by almost $100 million to $863 million.

The company sold 1,517,000 Macs and 10,549,000 iPods during this quarter. Gross margin rose to over 35%, 5.3% higher than Q2 of 2006.
For the complete figures, see our Mac Information Guide to Apple Financials.
Simon Spence/2007
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