Apple Q2 Earnings
Apple (NASDAQ: AAPL), reported earnings making Q2 the most profitable second quarter in Apple’s history.
The Company had revenue of $5.26 billion and net profit of $770 million, or $.87 per diluted share. That’s up from revenue of $4.36 billion and net quarterly profit of $410 million, or $.47 per diluted share, for the same period last year. Gross margins were 35.1 percent, up from 29.8 percent. International sales accounted for 43 percent of the quarter’s revenue.
During the period, Apple shipped 1,517,000 Macs and 10,549,000 iPods during the quarter. Those numbers represent 36% growth in Macs and 24% growth in iPods over same period last year. Steve Jobs noted that "the Mac is clearly gaining market share, with sales growing 36 percent — more than three times the industry growth rate."
More detailed press coverage of Apple’s finances can be found at:
