journal: mac

Apple announces quarterly financial results

Apple has announced their quarterly financial results for the second quarter and they are quite impressive. Apple reports a profit of $290 million US on revenues of $3.24 billion.
in that time, Apple sold 1.07 million Macintoshes and an astounding 5.3 million iPods.

ìWe are delighted to report a record second quarter for Apple in both revenue and earnings,î said Steve Jobs, Appleís CEO. ìApple is firing on all cylinders and we have some incredible new products in the pipeline for the coming year, starting with Mac OS X Tiger later this month.î †

ìWeíre very pleased to report 70 percent revenue growth and a 530 percent increase in net income,î said Peter Oppenheimer, Appleís CFO. ìLooking ahead to the third quarter of fiscal 2005, we expect revenue of about $3.25 billion and earnings per diluted share of about $.28.î

More Info

Apple Press Release



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