Apple Reports $1.67 Billion Profit for Q4 2009, Most Profitable Quarter Ever

MacRumors · 09:51 PM

Apple today announced financial results for the fourth fiscal quarter (third calendar quarter) of 2009. Apple posted revenue of $9.87 billion and net quarterly profit of $1.67 billion, or $1.82 per diluted share, compared to revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, in the year-ago quarter. Gross margin was 36.6 percent, compared to 34.7 percent in the year-ago quarter, and international sales accounted for 46 percent of the quarter's revenue. The numbers represent the most profitable quarter in Apple's history and include record-breaking Mac and iPhone quarterly sales.

Using non-GAAP data, which eliminates subscription-based accounting for the iPhone and Apple TV, Apple would have had $12.25 billion revenue and $2.85 billion of net income. The subscription-based accounting used for Apple's official results parcels out income from iPhone and Apple TV sales over a 24-month period from the date of sale, whereas the non-GAAP results count the entire revenue from these sales in the quarter they were made.

Apple shipped 3.05 million Macintosh computers during the quarter, a unit increase of 17 percent over the year-ago quarter. The company also sold 10.2 million iPods during the quarter, representing 8 percent unit decline over the year-ago quarter. Quarterly iPhone unit sales reached 7.4 million, up 7 percent from the year-ago quarter.

Quote:

"We are thrilled to have sold more Macs and iPhones than in any previous quarter," said Steve Jobs, Apple's CEO. "We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."

Apple's guidance for the first quarter of fiscal 2010 includes expected revenue of $11.3 billion to $11.6 billion and earnings per diluted share of $1.70 to $1.78.

Apple will provide live streaming of its Q4 2009 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Article Link: Apple Reports $1.67 Billion Profit for Q4 2009, Most Profitable Quarter Ever

Queso · Oct 19, 2009, 04:37 PM

AAPL just shot up above $200 in after-hours trading. That's a huge rise for a boom time, let alone a recession.

Oh, and 3 MILLION Macs SOLD!!!

Man-Droid · Oct 19, 2009, 04:38 PM

who'd uh thunk it?

thegoldenmackid · Oct 19, 2009, 04:39 PM

Recession my a**.

Cinematographer · Oct 19, 2009, 04:40 PM

Great numbers!

MadDog31 · Oct 19, 2009, 04:40 PM

“We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

I'm on board!

Daremo · Oct 19, 2009, 04:40 PM

2 companies that thrive in a recession... Apple and McDonalds.

dwd3885 · Oct 19, 2009, 04:40 PM

"We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."

Does that mean no new macs until after the holidays?

currentinterest · Oct 19, 2009, 04:40 PM

Just a rounding error. Don't get too excited.

PeterQVenkman · Oct 19, 2009, 04:41 PM

Quote:

Originally Posted by dwd3885

"We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."

Does that mean no new macs until after the holidays?

That's what I was thinking.

*LTD* · Oct 19, 2009, 04:42 PM

Another record. Record Mac sales. Record iPhone sales.

Wow. Recession-proof Apple does it again.

neilw · Oct 19, 2009, 04:43 PM

Too bad no one wants to buy a >$1K computer anymore.

Maclver · Oct 19, 2009, 04:43 PM

Quote:

Originally Posted by *LTD*

Another record. Record Mac sales. Record iPhone sales.

Wow. Recession-proof Apple does it again.

Wow go Apple.. I wonder if Verizon is now thinking they bit a little more they can chew by going after Apple!

milani · Oct 19, 2009, 04:43 PM

Why oh why didn't I buy into Apple like six months ago?

FJ218700 · Oct 19, 2009, 04:43 PM

Boom !

Peace · Oct 19, 2009, 04:43 PM

Another record quarter. Now watch AAPL start to go down.

flottenheimer · Oct 19, 2009, 04:43 PM

What recession?

Congrats.

wymer100 · Oct 19, 2009, 04:44 PM

That's fantastic!

I'm still hoping for new imacs tomorrow or next week to steal some of the thunder from the release of Win7.

studiomusic · Oct 19, 2009, 04:44 PM

3.05 million!?!?
Wow.

wymer100 · Oct 19, 2009, 04:45 PM

DOOOOOOOOOOOOOMED!

Had to get that out there.

Maclver · Oct 19, 2009, 04:46 PM

Quote:

Originally Posted by wymer100

DOOOOOOOOOOOOOMED!

Had to get that out there.

Wow! 204.50!!!!

jaw04005 · Oct 19, 2009, 04:46 PM

Of those 3 million Macs, I’d like to see their desktop numbers. They’ve been in the tanker this year.

Quote:

Originally Posted by dwd3885

"We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."

Does that mean no new macs until after the holidays?

Sounds like it. We’ll have to wait to see if they answer questions about desktops in the earnings call.

vader26 · Oct 19, 2009, 04:47 PM

Wow, they just keep killing it. Nice work Apple!

RazHyena · Oct 19, 2009, 04:47 PM

Quote:

Originally Posted by Daremo

2 companies that thrive in a recession... Apple and McDonalds.

And the porn industry! Yay!

David G. · Oct 19, 2009, 04:48 PM

Pretttaaayyy goood.

Oct 19, 2009, 04:37 PM	#2
Queso macrumors 603 Join Date: Mar 2006 Location: Sota el mar	AAPL just shot up above $200 in after-hours trading. That's a huge rise for a boom time, let alone a recession. Oh, and 3 MILLION Macs SOLD!!! __________________ Gary Ablett's Blue and White Army

Oct 19, 2009, 04:39 PM	#4
thegoldenmackid macrumors Demi-God Join Date: Dec 2006 Location: Plano, TX/Winston-Salem, NC	Recession my a. __________________ themacfeed.com KRK Powered** peace[darfur Help my external hard drive guide.

Oct 19, 2009, 04:40 PM	#5
Cinematographer macrumors 6502a Join Date: Sep 2005 Location: far away	Great numbers! __________________ iMac Alu 24", Pod 40 GB, Touch 16 GB, Shuffle 1GB

Oct 19, 2009, 04:40 PM	#6
MadDog31 macrumors 6502 Join Date: May 2007	“We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.” I'm on board! __________________ MacBook Pro - 2.6 GHz Penryn, 4 GB RAM, 200 GB 7200 RPM HDD, 17" High-Resolution Matte, Apple Remote Apple iPhone 3G S⃣ 32 GB Black

Oct 19, 2009, 04:40 PM	#7
Daremo macrumors 6502a Join Date: Jul 2007 Location: Chicago	2 companies that thrive in a recession... Apple and McDonalds. __________________ Follow me on TWITTER Metal Head Review : Apple related product reviews from a Metal Heads point of view. iPhone app : Novembers Doom : The Wayfaring Chronicles

Oct 19, 2009, 04:38 PM	#3
Man-Droid macrumors newbie Join Date: Aug 2009	who'd uh thunk it?

Oct 19, 2009, 04:40 PM	#8
dwd3885 macrumors 65816 Join Date: Dec 2004	"We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010." Does that mean no new macs until after the holidays?

Oct 19, 2009, 04:40 PM	#9
currentinterest macrumors member Join Date: Aug 2007	Just a rounding error. Don't get too excited.

Oct 19, 2009, 04:42 PM	#11
LTD macrumors 68000 Join Date: Feb 2009 Location: Canada	Another record. Record Mac sales. Record iPhone sales. Wow. Recession-proof Apple does it again. __________________ Mac OS users have made a conscious technology choice and are therefore typically better informed than their peers. -- Paul Thurrott, winsupersite.com, December 06, 2004

Oct 19, 2009, 04:43 PM	#12
neilw macrumors member Join Date: Aug 2003 Location: New Jersey	Too bad no one wants to buy a >$1K computer anymore.

Oct 19, 2009, 04:43 PM	#14
milani macrumors 65816 Join Date: Aug 2008	Why oh why didn't I buy into Apple like six months ago? __________________ iProRings - Office-ready iPhone Ringtones

Oct 19, 2009, 04:43 PM	#15
FJ218700 macrumors 68000 Join Date: Mar 2007 Location: Blue Dot, Red State	Boom ! Attached Thumbnails __________________ Lab: 3.0 ghz octo MP Mobile: 1.33 ghz 12' PB twitter.com/Dr_H twitter.com/TapeSlave

Oct 19, 2009, 04:43 PM	#16
Peace macrumors Demi-God Join Date: Apr 2005 Location: On top of the Storm Peaks waiting for the Time-Lost Proto Drake	Another record quarter. Now watch AAPL start to go down.

Oct 19, 2009, 04:43 PM	#17
flottenheimer macrumors regular Join Date: Jan 2008 Location: Denmark	What recession? Congrats. __________________ 33.8688 MHz Playstation SCPH-7502 / 32bit-RISC / 2mb RAM / Dual Analog Controller Nintendo G&W / Dual Screen / Donkey Kong / Oil Panic / Safe Buster

Oct 19, 2009, 04:44 PM	#18
wymer100 macrumors member Join Date: Apr 2002	That's fantastic! I'm still hoping for new imacs tomorrow or next week to steal some of the thunder from the release of Win7.

Oct 19, 2009, 04:44 PM	#19
studiomusic macrumors regular Join Date: Oct 2004 Location: Round the world	3.05 million!?!? Wow.

Oct 19, 2009, 04:45 PM	#20
wymer100 macrumors member Join Date: Apr 2002	Apple is... DOOOOOOOOOOOOOMED! Had to get that out there.

Oct 19, 2009, 04:47 PM	#23
vader26 macrumors member Join Date: Oct 2006 Location: Washington State	Wow, they just keep killing it. Nice work Apple! __________________ 24" Alu iMac, 2.8 GHz, 4 GB, 320GB uMBP, 3.06 GHz, 500GB 7200rpm iPhone 3G S⃣ 32GB Black

Oct 19, 2009, 04:48 PM	#25
David G. macrumors 6502a Join Date: Apr 2007 Location: The Great State of Alaska	Pretttaaayyy goood. __________________ "People should not be afraid of their governments. Governments should be afraid of their people." "Si vis pacem, para bellum." - "If you wish for peace, prepare for war"

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