Dear Visitor,

Our system has found that you are using an ad-blocking browser add-on.

We just wanted to let you know that our site content is, of course, available to you absolutely free of charge.

Our ads are the only way we have to be able to bring you the latest high-quality content, which is written by professional journalists, with the help of editors, graphic designers, and our site production and I.T. staff, as well as many other talented people who work around the clock for this site.

So, we ask you to add this site to your Ad Blocker’s "white list" or to simply disable your Ad Blocker while visiting this site.

Continue on this site freely
  HOME     MENU     SEARCH     NEWSLETTER    
CUSTOMER RELATIONSHIP MANAGEMENT NEWS. UPDATED 13 MINUTES AGO.
You are here: Home / Apple/Mac / Apple Reports Strong Mac Sales
Strong Mac, iPhone Sales Boost Apple's Profits
Strong Mac, iPhone Sales Boost Apple's Profits
By Mike Kent / CRM Daily Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
JULY
21
2009
Apple beat analysts' expectations Tuesday, reporting a nearly 15 percent jump in profits for its fiscal third quarter. The company reported a profit of $1.23 billion versus $1.07 billion in the year-ago quarter.

Earnings per share were $1.35, up from $1.19 a year ago. Revenue for the quarter rose to $8.34 billion versus $7.46 billion in the third fiscal quarter of 2008.

Analysts had predicted earnings of $1.17 a share on revenue of $8.16 billion.

Apple reported it sold 2.6 million Mac computers during the quarter, matching an estimate by Piper Jaffray analyst Gene Munster and just below its all-time quarterly record of 2.611 million in September 2008. Other analysts were expecting sales of 2.45 million, closer to Apple's sales of 2.496 million Macs in the third fiscal quarter of 2008.

Sales of iPhones remained strong, with 5.2 million sold in the quarter. Apple introduced the iPhone 3GS last month and slashed the price for the iPhone 3G to $99.

The company said it expects earnings of $1.18 to $1.23 a share for its fourth fiscal quarter. Revenue is expected to come in at $8.7 billion to $8.9 billion.

Read more on: Apple, Macs, iPhone, iPhone 3GS
Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
MORE IN APPLE/MAC

NETWORK SECURITY SPOTLIGHT
China-based Vivo will be the first company to come out with a smartphone featuring an in-display sensor for fingerprint security, beating Apple, Samsung, and other device makers to the punch.

CRM DAILY
NEWSFACTOR NETWORK SITES
NEWSFACTOR SERVICES
© Copyright 2017 NewsFactor Network. All rights reserved. Member of Accuserve Ad Network.