July 26, 2007

818 million!?!?!?!

CUPERTINO, California—July 25, 2007—Apple® today announced financial results for its fiscal 2007 third quarter ended June 30, 2007. The Company posted revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share. These results compare to revenue of $4.37 billion and net quarterly profit of $472 million, or $.54 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent, up from 30.3 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue.

Apple's Press Release announcing this quarters's earnings

Holy camoly.

818 million in profit, with a revenue of 5.41 billion. Those are some BIG numbers.

And if I read the statements correctly, only 5 million of that is attributed to the iPhone, it looks like the release the iPhone was timed quite well, to coincide with the timing of the next quarter... to maximize sales figures for the next report. =)

 

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