search technology reviews, news, features, group tests
Popular Searches:   video , dvd , dell
 |  Register
 |  Newsletters  | 
Sitemap  |  RSS
RSS
Sunday November 22, 2009 10:56 AM AEST
Skip Navigation LinksPC Authority > News > Apple logs another record quarter
NEWS

Apple logs another record quarter

by Shaun Nichols  on Jan 24, 2008
Tags: Apple | logs | another | record | quarter
Profits of $1.58bn on revenue of $9.6bn.
Apple has continued its record-breaking run with its best ever quarterly results.

The company racked up profits of US$1.58bn on revenue of US$9.6bn between October and December 2007. The figures represent a US$580m jump in profits over the same period last year.

Leading the way once again was the Mac computer line. Apple shifted more than 2.3 million Macs over the quarter, showing 44 per cent growth over last year.

IPod sales were also strong. Apple sold 22 million players over the quarter, representing a five per cent gain over last year's numbers.

Apple logged more than 2.3 million iPhone sales over the quarter. Chief executive Steve Jobs told the Macworld Expo last week that more than four million iPhones had been sold at a rate of 20,000 a day since its release in June.

"We are thrilled to report our best quarter ever, with the highest revenue and earnings in Apple's history," said Jobs.

Jobs also highlighted the upcoming release of the MacBook Air and iTunes movie rentals, which he expects to help carry Apple to US$6.8bn in revenue next quarter.

Wall Street, however, was anything but thrilled by Apple's predictions for the next quarter.

The forecast fell short of analyst expectations and sent the company's stock price down 11 per cent.

Copyright © 2009 v3.co.uk
Email a Friend Email this
Print Page Print this
Tweet This Tweet this
Feedback Send us your tips


Ads by Google

Comments

Be the first to comment on this article.
Thoughts on this article? Add a comment below.
Login or register to submit a comment.
 

Top Stories

Box battle: Telstra takes on TiVo and Foxtel with T-Box trial in Melbourne
It's not quite Foxtel IQ and it's isn't TiVo either. The T-Box lets Telstra users watch movies and TV from the Bigpond site, as well as record and watch digital TV
 
5 More Free Linux Apps You Can't Do Without
More digital Swiss Army knife software, including Linux utilities and tools that are so useful you won't know how you ever did without them
 
Microsoft delivers Office 2010 public beta
Vendor details editions for Office 2010 along with application virtualisation for testing.
 


 
Intel
 
 
LogMeIn
 
 
Amazing Dell Coupons now available
 
Discover Apple