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View Full Version : Apple Beats Q2 Projections


Jeff Campbell
04-23-2009, 04:00 PM
<div class='os_post_top_link'><a href='http://www.appleinsider.com/articles/09/04/22/apple_profits_rise_15_on_sales_of_2_2m_macs_11m_ipods.html' target='_blank'>http://www.appleinsider.com/article..._11m_ipods.html</a><br /><br /></div><p><em>"Apple said Wednesday that second-quarter profits rose more than 15 percent to $1.21 billion, or $1.33 per diluted share, on record non-holiday quarter sales of $8.16 billion for the three-month period ended March 28, 2009. These results compare to revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share, in the year-ago quarter. Gross margin was 36.4 percent, up from 32.9 percent in the year-ago quarter. International sales accounted for 46 percent of the quarter's revenue."</em></p><p><em><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1240454863.usr105634.jpg" /></em></p><p>Apple didn't disappoint, beating the <a href="http://www.applethoughts.com/news/show/93470/apple-earnings-report-due-out-today.html" target="_blank">projections</a> we posted yesterday, although they did have a 3% decline in the sales of computers with sales of 2.22 million units when compared to last years numbers. Both the iPod and iPhone categories increased by 3% and 123% respectively, with sales of the iPods just over 11 million units and iPhones at just under 3.8 million units. Pretty good quarter overall. They also had some <a href="http://www.appleinsider.com/articles/09/04/22/notes_of_interest_from_apples_q209_quarterly_conference_call.html" target="_blank">interesting things</a> to say during the conference call. We'll see how the next one is, think there will be a drop based on the anticipation of what may be announced at WWDC?&nbsp;</p>