Apple Q1 2009 earnings recap

Summary:In case you missed it, here's a recap of last night's earnings conference call with analysts:Record revenue of $10.17 billion (compared to $9.

Apple Q1 2009 earnings recap
In case you missed it, here's a recap of last night's earnings conference call with analysts:

  • Record revenue of $10.17 billion (compared to $9.6 billion in the year-ago quarter)
  • Record net quarterly profit of $1.61 billion, or $1.78 per diluted share ($1.58 billion, or $1.76 per diluted share)
  • Gross margin was 34.7 percent, equal to the year-ago quarter.
  • International sales accounted for 46 percent of the quarter’s revenue.
  • iPhone and Apple TV had $11.8 billion of “Adjusted Sales” and $2.3 billion of “Adjusted Net Income.”
  • Sold 2,524,000 Macs (nine percent unit growth over the year-ago quarter)
  • Sold a record 22,727,000 iPods (three percent unit growth)
  • Sold 4,363,000 iPhones (88 percent unit growth)

Apple has issued a press release with the details and you can stream the conference call via QuickTime or download it as a podcast via iTunes.

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Topics: Apple

About

Jason D. O'Grady developed an affinity for Apple computers after using the original Lisa, and this affinity turned into a bona-fide obsession when he got the original 128 KB Macintosh in 1984. He started writing one of the first Web sites about Apple (O'Grady's PowerPage) in 1995 and is considered to be one of the fathers of blogging.... Full Bio

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