Apple Posts $818 Million Profit for 3rd Quarter 2007

Matthew Yohe

macrumors 68020
Original poster
Oct 12, 2006
2,198
129
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
 

MacRumors

macrumors bot
Apr 12, 2001
46,796
8,966
Apple Posts $818 Million Profit for 3rd Quarter 2007



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
 

Maui

macrumors 6502a
May 18, 2007
869
0
"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
 

Lancetx

macrumors 68000
Aug 11, 2003
1,979
586
Texas
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.
 

kskill

macrumors member
Jan 17, 2006
87
0
new york, ny
Booyashacka

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

Helloooooo AAPL
 

Chaszmyr

macrumors 601
Aug 9, 2002
4,263
76
So I guess the iPhone sales aren't so great, which makes me sad. However, Mac sales are even cooler than iPhone sales!
 

Hopstretch

macrumors regular
Apr 18, 2006
135
0
They sold 270,000 iPhones in the last two days of the quarter. The "iPhone Flops!" stories were a little premature.
 

Cfour

macrumors member
Jul 5, 2007
38
0
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
 

Peace

macrumors Core
Apr 1, 2005
19,514
3,988
Space--The ONLY Frontier
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.
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.
"