The Apple is still shining

Yesterday Apple announced fiscal results for Q3 06, and it looks to be in fine form.

Yesterday Apple announced fiscal results for Q3 06, and it looks to be in fine form.

Here are some of the highlights:

  • Revenue $4.37 billion, quarterly profits of $472 million
  • Second highest revenue and earnings totals
  • 529,000 desktops and 798,000 notebooks sold during the quarter
  • Intel-based systems accounted for 75% of shipments
  • The iPod accounted for 45% of total revenue over the quarter
  • iTunes accounts for 85% of legal music downloads in the US

It's easy to draw a few broad conclusions from this data:

  • There's obviously a healthy market share to be had targeting users that want style and ease of use
  • The high cost of Mac systems compared to the PC is no barrier to profitability
  • The shift to Intel was a good move
  • Apple's business model is heavily reliant on iPod and iTunes
  • Very healthy notebook sales - Mac is becoming more synonymous with notebooks than desktops

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