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« Podcast Network Experiences Record Growth | Main | Book Review: Rhythm Science »iPods Drive Record Apple EarningsJuly 14, 2005
Apple posted a net quarterly profit of $320 million on revenue of $3.52 billion. These results compare to a net profit of $61 million and revenue of $2.01 billion in the year-ago quarter, and represent revenue growth of 75 percent and net profit growth of 425 percent. Apple shipped 1,182,000 Macintosh units and 6,155,000 iPods during the quarter, representing 35 percent growth in Macs and 616 percent growth in iPods over the year-ago quarter. "We are delighted to report Apple’s best quarter ever in both revenue and earnings," said Steve Jobs, Apple's CEO. "The launch of Mac OS X Tiger has been a tremendous success, and we have more amazing new products in the pipeline." "We’re very pleased to report 75 percent revenue growth and a 425 percent increase in net income," said Peter Oppenheimer, Apple’s CFO. "Looking ahead to the fourth quarter of fiscal 2005, we expect revenue of about $3.5 billion and earnings per diluted share of about $.32." International sales accounted for 39 percent of the quarter’s revenue. CommentsPost a comment |
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Copyright 2004-5 Podcasting News
Apple has announced financial results for its fiscal 2005 third quarter ended June 25, 2005, reporting the highest revenue and earnings in the Company’s history.