Apple's third quarter results
Cupertine California—July 21, 2008—Apple today announced financial results for its fiscal 2008 third quarter ended June 28, 2008.
Apple shipped 2,496,000 Macintosh computers during the quarter, representing 41% unit growth and 43% revenue growth over the year-ago quarter. The Company sold 11,011,000 iPods during the quarter, representing 12% unit growth and 7% revenue growth over the year-ago quarter. Quarterly iPhone units sold were 717,000 compared to 270,000 in the year-ago-quarter.
The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8%, down from 36.9% in the year-ago quarter. International sales accounted for 42% of the quarter’s revenue.
Not bad at all.
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