Apple Reports $546 Million Profit

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Date: Wednesday, October 18th, 2006, 17:34
Category: Uncategorized

Apple on Wednesday reported results for its fiscal fourth-quarter. Posting a $546 million profit on $4.84 billion revenue, the company said the results are preliminary and may be subject to significant adjustment as a result of a likely restatement of historical results.

These results compare to revenue of $3.68 billion and net profit of $430 million, or $.50 per diluted share, in the year-ago quarter. According to Apple, international sales accounted for 40 percent of the quarter’s revenue.

Apple shipped 1,610,000 Macs and 8,729,000 iPods during the quarter, representing 30 percent growth in Macs and 35 percent growth in iPods over the year-ago quarter.

Macworld: News: Apple reports $546 million profit

Apple on Wednesday reported results for its fiscal fourth-quarter. Posting a $546 million profit on $4.84 billion revenue, the company said the results are preliminary and may be subject to significant adjustment as a result of a likely restatement of historical results.

These results compare to revenue of $3.68 billion and net profit of $430 million, or $.50 per diluted share, in the year-ago quarter. According to Apple, international sales accounted for 40 percent of the quarter’s revenue.

Apple shipped 1,610,000 Macs and 8,729,000 iPods during the quarter, representing 30 percent growth in Macs and 35 percent growth in iPods over the year-ago quarter.

Macworld: News: Apple reports $546 million profit

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