Apple Financial Reports: Cha-CHING!
Apple released their second quarter financial results today with a net profit of $290 million, or $.34 per diluted share with 70% revenue growth and a 530% increase in net income. According to the report, "Apple shipped 1,070,000 Macintosh® units and 5,311,000 iPods during the
quarter, representing a 43 percent increase in CPU units and a 558
percent increase in iPods over the year-ago quarter." Not too shabby.Most likely while smirking (as in the picture to the right), Steve Jobs said, "Apple is firing on all cylinders and we have some incredible new products in the pipeline for the coming year, starting with Mac OS X Tiger later this month." I wonder what he means by 'new': new in the line, like G5 Powerbooks, or new as in brand-spanking?
If all this financial news has you in a tizzy, be sure to check out the Q2 2005 financial results conference call which begins streaming live today at 2PM PDT. Now, if you'll excuse me, I have to find someone to bludgeon me with an enormous stick for not investing a large chunk of change in Apple stock immediately following my wedding.
Share
Categories
Apple released their second quarter financial results today with a net profit of $290 million, or $.34 per diluted share with 70% revenue...
Add a Comment
strestout1
i'm a stockbroker and my company was pitching Apple at $7 a few years back...it's now somewhere in the $40's i believe not to mention a stock split a while back...glad i bought my shares :-D ...also glad i'm a tech and stock geek.
April 13 2005 at 8:18 PM Report abuse Permalink rate up rate down Reply
Anthony
money, money, money! This post represents a nice 110 shares, and for all my friends that thought my "buy" recommendation" for AAPL was selfish, watch the charts and volume tomorrow! hehehe
April 13 2005 at 6:19 PM Report abuse Permalink rate up rate down ReplyHot Apps on TUAW
Deals of the Day
more deals- Altec Lansing Octiv Duo iDock for $48 + free shipping
- Used Apple iMac 17" Core 2 Duo 1.83GHz for $430 + $28 s&h
- Lounge Deluxe Stand for iPhone / iPod touch for $28 + $8 s&h
- Brookstone Surround-Sound Earbuds for $14 + $7 s&h
- Refurbished Skullcandy Tokidoki Smokin' Buds Mic'd Headset for $5 + $2 s&h
- Stitchway Backup Battery for iPod / iPhone for $5 + free shipping
Software Updates
more updates- EFI Firmware Update brings Lion Internet Recovery to 2010-model Macs
- OS X Lion 10.7.3 released with Safari 5.1.3, Wi-Fi bug fix
- Aperture updated to 3.2.2, addresses Photo Stream issue
- Apple updates Keynote to address Lion issues
- Google Search app gets new look on iPad
- Apple releases Apple TV Software Update 4.4.3



2 Comments