Apple Q4 2005 earnings

As planned, Apple announced their financial results - the highest revenue and earnings in the Company’s history - for the fourth quarter of its fiscal year 2005, which ended September 24, 2005.

For those of you who play the numbers, here's where things stand. Apple reported revenues of $3.68 billion with net quarterly profit of $430 million ($.50 per diluted share). Compare with results from a year ago, which saw revenues of $2.35 billion and net quarterly profit of $106 million ($.13 per diluted share). That's what we call GROWTH. Gross margins were 28.1 percent, up from 27 percent in the year-ago quarter and international sales accounted for 40 percent (!!!) of the quarter’s revenue.

So where did all the money come from? Apple reports that they shipped 1,236,000 Macintosh computers (roughly half of those were portable computers, i.e. iBooks, Powerbooks) units and 6,451,000 iPods, both of which are huge gains over a year ago. Apple continues to withhold specific numbers for each product line, so you'll have to guess which iPod or which Mac are Steve's favorite sons. For fiscal 2005 overall, Apple has seen revenues of $13.93 billion and a net profit of $1.335 billion, reflecting annual growth of 68 percent and 384 percent, respectively, and representing the highest annual revenue and net profit in the Company’s history.

“This is the direct result of our focus on innovation and the immense talent and creativity at Apple. We could not be more excited about the new products we’re working on for 2006.” said Steve Jobs. Peter Oppenheimer, Apple’s CFO, also predicted revenues of $4.7 billion for Q1 2006.

If you find these numbers as sexy as I do, you might want to tune in to the live webcast, which is still happening right now.

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