For those you that might have missed it on other sites, Apple reported their preliminary fourth quarter results yesterday during a conference call. Rather than repeat the same news here that you’re seeing all over the web, let’s just briefly say that things are looking up for Apple.
Here is an excerpt from TUAW report:
- Apple posted a revenue of $4.84 billion and a net quarterly profit of $546 million ($.62 per diluted share)
- Gross margin was 29.2%, up from 28.1%
- International sales accounted for 40% of this revenue
- 1,610,000 Macs were shipped this quarter (30% growth in Mac shipments)
- 8,729,000 iPods were shipped (35% growth in iPod shipments)
- Apple has over $10 billion in cash
- expects revenue of $6 to $6.2 billion for first quarter 2007
To read the full report click here
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