Apple’s business is healthy as 6.89 million iPhones are sold during the quarter
Apple announced their fiscal fourth quarter 2008 results today (ending Sept. 27th, 2008) and they did pretty well for themselves (though still falling under some Wall Street expectations of course). The company reported revenue of $7.9 billion dollars and a profit of $1.14 billion for the quarter – compared to $6.22 billion in revenue and $904 million in profit a year ago. In terms of units sold, here’s what Apple reported:
- 2.61 million Macs were shipped during the quarter – a 21 percent growth and 17 percent revenue growth over the year-ago quarter
- 11+ million iPods were sold during the quarter which is an 8 percent unit growth and a 3 percent revenue growth from a year ago
- Now get this – 6.89 million iPhones were sold during the quarter – compared to 1.1 million last year. Of course, the iPhone 3G is available in many more countries this time around but that’s still A LOT of iPhones
Now as for the coming quarter, Apple was predictably cautious given the economic climate. The company provided a wide range for the current quarter’s guidance – targeting revenues between 9 to 10 billion dollars and earnings per share between $1.06 and $1.35 a share.
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October 21, 2008 at 3:58 pm
[...] Apple’s business is healthy as 6.89 million iPhones are sold … Filed Under: iPhonesTagged: computers, friend-sites, iphone, ...