Apple Posts $818 Million Profit for 3rd Quarter 2007

Discussion in 'MacRumors.com News Discussion' started by Matthew Yohe, Jul 25, 2007.

  1. macrumors demi-god

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    #1
    Apple Reports Third Quarter Results
    Record June Quarter Revenue and Profit

    “We’re thrilled to report the highest June quarter revenue and profit in Apple’s history, along with the highest quarterly Mac sales ever,” said Steve Jobs, Apple’s CEO. “iPhone is off to a great start—we hope to sell our one-millionth iPhone by the end of its first full quarter of sales—and our new product pipeline is very strong.”

    http://www.apple.com/pr/library/2007/07/25results.html
     
  2. macrumors bot

    MacRumors

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    #2
    Apple Posts $818 Million Profit for 3rd Quarter 2007

    [​IMG]

    Apple(R) today announced financial results for its fiscal 2007 third quarter ended June 30, 2007. The Company posted revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share. These results compare to revenue of $4.37 billion and net quarterly profit of $472 million, or $.54
    per diluted share, in the year-ago quarter. Gross margin was 36.9 percent, up from 30.3 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter's revenue.

    Apple shipped 1,764,000 Macintosh(R) computers, representing 33 percent growth over the year-ago quarter and exceeding the previous company record for quarterly Mac(R) shipments by over 150,000. The Company also sold 9,815,000 iPods during the quarter, representing 21 percent growth over the
    year-ago quarter.

    Steve Jobs said "We're thrilled to report the highest June quarter revenue and profit
    in Apple's history, along with the highest quarterly Mac sales ever" and expects to sell one million iPhones by the end of the 4th quarter.

    Article Link
     
  3. macrumors 68000

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    #3
    Booyah.
     
  4. macrumors 6502a

    Maui

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    #4
    "Apple shipped 1,764,000 Macintosh® computers, representing 33 percent growth over the year-ago quarter and exceeding the previous company record for quarterly Mac® shipments by over 150,000."

    See, it is still a computer company after all. :D
     
  5. macrumors 603

    Markleshark

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    #5
    33% Macintosh Growth and 21% iPod Growth. Thats fracking amazing.
     
  6. macrumors 6502a

    KD7IWP

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    #6
    It's already 2pm pacific time?
     
  7. macrumors 68000

    Lancetx

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    #7
    270,000 iPhones were sold in the first 30 hours that they were available. AT&T says they only activated 146,000 of those 270,000 in that same time period. Sounds like a lot more than just 2% had activation problems then. Some of the difference is due to iPhones being bought as gifts, or phones not being opened and activation attempted immediately, etc, but still. At least iPhone sales weren't nearly as dire as some had predicted yesterday. 270K sold in only 30 hours is definitely a strong start.
     
  8. macrumors member

    kskill

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    #8
    Booyashacka

    And It'll only be getting better from here with Leopard, new iMacs, iPhone, and whatever else Apple whips up.

    Helloooooo AAPL
     
  9. macrumors 68000

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    #9
    They usually release the press release 15 minutes early.
     
  10. macrumors 68000

    FoxyKaye

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    #10
    You'd think that with all that money, they could update the Mac lineup and ship Leopard before the snow falls.
     
  11. macrumors 68000

    FreeState

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    #11

    Thats from Apples press release on their site, they always release that early. I believe the conference starts at 2:00 (its 1:50 right now).
     
  12. macrumors 603

    Multimedia

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    #12
    Wow! Congratulations Apple!

    Who can deny Apple and the Mac are gradually gaining popularity more each quarter? :eek: :)
     
  13. macrumors 68030

    slughead

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    #13
    No.
     
  14. macrumors 68020

    AdeFowler

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    #14
    Nice to see mac sales on the upside.
     
  15. macrumors 601

    Chaszmyr

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    #15
    So I guess the iPhone sales aren't so great, which makes me sad. However, Mac sales are even cooler than iPhone sales!
     
  16. macrumors 6502a

    KD7IWP

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    #16
    ah, thank you, I was quite confused as you could tell :)
     
  17. macrumors regular

    Hopstretch

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    #17
    They sold 270,000 iPhones in the last two days of the quarter. The "iPhone Flops!" stories were a little premature.
     
  18. macrumors 68000

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    #18
    Huh? Not so great?

    Stop believing analysts. Most are professional guessers.
     
  19. macrumors 6502a

    KD7IWP

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    #19
    If only they had released this while the market was still open so that my AAPL could repair itself from yesterday.
     
  20. macrumors member

    Cfour

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    #20
    We're all so sad to see a company that takes our money do well but man what a profit, I feel proud to be an Apple supporter, yes sad but true.
    I think they hold a different place in our hearts than other companies.
    Can only get better as well *he says as he touches wood*

    Cfour
     
  21. macrumors 68000

    FreeState

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    #21
    Yeah thats in 30 hours.. there are another 24 hours in the initial weekend. Id guess 400,000 the first weekend easy.
     
  22. macrumors demi-god

    Peace

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    #22
    Read the data sheet closer :
    http://images.apple.com/pr/pdf/q307data_sum.pdf

    "(6) Consists of iPhones and Apple-branded and third-party iPhone accessories.
    "
     
  23. macrumors 68000

    illegalprelude

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    #23
    now come the hell on stocks. Tomorrow, you better break $144!
     
  24. macrumors 68000

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    #24
    It should tomorrow. Finally we have some real iphone numbers and they are great!
     
  25. macrumors 603

    Markleshark

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    #25
    Yeah, id say half a million in the full weekend. Wow.
     

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