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View Full Version : Q1 2009 Results Exceed Expectations for Apple


Jeff Campbell
01-22-2009, 03:00 PM
<div class='os_post_top_link'><a href='http://www.engadget.com/2009/01/21/apple-records-another-record-quarter-1-61b-profit/' target='_blank'>http://www.engadget.com/2009/01/21/...r-1-61b-profit/</a><br /><br /></div><p><em>"Apple reported first-quarter earnings significantly higher than analysts had expected coming off a disappointing holiday season for most tech companies, but provided its usual conservative guidance.</em>"</p><p><span style="line-height: normal;"><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1232596470.usr105634.jpg" /></span></p><p>Economic downturn &nbsp;and dismal holiday sales didn't seem to affect <a href="http://www.apple.com/pr/library/2009/01/21results.html" target="_blank">Apple</a>. For the three-month period ending December 27th, &nbsp;they recorded $10.2 billion in revenue, net income of $1.6 billion and earnings per share of $1.78, all categories exceeding figures for the same period last year. Of course one of the first questions asked was "how is Steve?"&nbsp;</p>