Thursday, July 23, 2009
Apple's earning are in and they've crushed their forecast
Analysts, investors and just about everyone else even the least bit interested in tech had very high expectations for Apple’s fiscal third quarter 2009, which ended on June 27th. Well folks, the numbers are in and to make a long story short… Apple crushed it. In fact, the company has just reported its best non-holiday quarter in its storied history. Recession? Please. Here are some highlights:
5.2 million iPhones sold (626 percent growth YoY)
10.2 million iPods sold
2.6 million Macs sold
$1.23 billion in profits, up from $1.19 in Q308
$8.34 billion in sales, up from $7.46 in Q308
$1.34 EPS, up from $1.19 in Q308
Yep, crushed. Apple CEO Steve Jobs had this to say: “We’re making our most innovative products ever and our customers are responding. We’re thrilled to have sold over 5.2 million iPhones during the quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year.” Fair enough. We’re glad Stevie is back in action but there’s absolutely no question that the rest of crew stayed on course during his absence.
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