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Apple Reports Fourth Quarter Results
Monday, October 19, 2009 - 4:41 PM EST
Posted by: Glenn
Apple today announced financial results for its fiscal 2009 fourth quarter ended September 26th, 2009. The company posted revenue of $9.87 billion and a net quarterly profit of $1.67 billion, or $1.82 per diluted share. These results compare to revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, in the year-ago quarter. Gross margin was 36.6 percent, up from 34.7 percent in the year-ago quarter. International sales accounted for 46 percent of the quarter's revenue.
"We are thrilled to have sold more Macs and iPhones than in any previous quarter," said Steve Jobs, Apple's CEO. "We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."
Apple sold 3.05 million computers during the quarter, representing a 17 percent unit increase over the year-ago quarter. The company sold 10.2 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter. Apple sold 7.4 million iPhones in the quarter, representing seven percent unit growth over the year-ago quarter.
You can listen to the conference call here if you're interested.
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