Think Apple’s business is being driven by the iPod and iPhone? Guess again - Apple’s Mac business is alive and well as they’ve announced that 2.4 million Macs were shipped during the third quarter ending June 28th. That represents a 41 percent unit growth and a whopping 43 percent revenue growth over the year-ago quarter. In total, Apple posted amazing revenues of 7.46 billion with a net quarterly profit of $1.07 billion (or $1.19 per diluted share). Compare those numbers to the year-ago quarter which were 5.41 billion and a net quarterly profit of $818 million. Gross profits dipped somewhat - from 36.9 percent to 34.8 percent.
Here are other stats of interest:
- 11 million iPods were sold during the quarter - 12 percent unit growth and seven percent revenue growth over the year-ago quarter
- 717,000 iPhones were sold during the quarter compared to 270K in year ago quarter (of course the iPhone had just started sales during the third quarter of last year)
Now here’s where things get interesting. Apple’s CFO, Peter Oppenheimer, decided to warn analysts that 4th quarter gross margins will be negatively affected by a “product transition.” So as News.com points out - let the guessing games begin. What exactly does this product transition mean exactly? Does this lend credence that new notebooks are coming out from Apple? Does this mean product prices are coming down? Does it mean things getting more expensive to manufacture? It’s really anyone’s guess right now (but you can be sure that people will be coming out with their own theories now). For the record though, News.com thinks that Apple will do two things during the fourth quarter: Introduce new Centrino 2 based MacBooks and reduce price for the iPod touch.
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Technorati Tags: Apple, Third Quarter, 2008, Fourth Quarter, Apple iPhone, Mac, iPod Touch