Well the official press release for Apple’s 3rd Quarter Results has been released and there is some good news within…
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 quarterâ€™s revenue.
Apple shipped 1,764,000 MacintoshÂ® computers, representing 33 percent growth over the year-ago quarter and exceeding the previous company record for quarterly MacÂ® 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.
â€œWeâ€™re thrilled to report the highest June quarter revenue and profit in Appleâ€™s history, along with the highest quarterly Mac sales ever,â€ said Steve Jobs, Appleâ€™s CEO. â€œiPhone is off to a great startâ€”we hope to sell our one-millionth iPhone by the end of its first full quarter of salesâ€”and our new product pipeline is very strong.â€
â€œWe are very pleased to report strong financial results including cash flow from operations exceeding $1.2 billion for the quarter,â€ said Peter Oppenheimer, Appleâ€™s CFO. â€œLooking ahead to the fourth fiscal quarter of 2007, we expect revenue of about $5.7 billion and earnings per diluted share of about $.65.
You’ll notice the only mention of the iPhone is in reference to what Apple “hopes” to do. No hard numbers were given, which (I’m guessing) is only going to reinforce At&t’s lackluster iPhone numbers.
UPDATE: On the conference call it was cleared up that Apple sold 270,000 iPhones in the first 48 hours of sale.