somewhere Dovrak is d(r)owning (in) a bottle of scotchWednesday, April 25 2007 @ 01:45 PM PDT
Apple posts 88 percent profit growth, shares jump past $100 in after-hours trading
Apple has announced financial results for its second fiscal quarter of 2007, beating consensus estimates soundly and sending shares of common stock over US$100 in after-hours trading.
Apple posted revenue of $5.26 billion and net quarterly profit of $770 million, or $.87 per diluted share. These results compare to revenue of $4.36 billion and net quarterly profit of $410 million, or $.47 per diluted share, in the year-ago quarter. This compares
Other key indicators:
1.517 million Macs were shipped in the quarter, representing 36 percent growth over the year-ago period
10.549 iPods were shipped in the quarter, representing 24 percent growth over the year-ago period
Gross margin was 35.1 percent, up from 29.8 percent in the year-ago quarter.
International sales accounted for 43 percent of the quarter's revenue.