You would n’t know there ’s a recession by Apple ’s net profit report from this past stern : Revenues were over $ 10 billion for the first clip ever and they deal the most iPods ever . Updated .
Update : From the Q&A :
Tim Cook on iPhone contender : “ We like rivalry as long as they do n’t off our IP . And we ’re fit to go after anybody that does . ” Q : Is that about Palm ? A : “ I ’m making a general instruction … We will not put up for cause our IP rip off ” and will use any “ weapons at our disposal . ”
“ How ’s Steve? … How will you launch the company? … Tim will you be the likely candidate ? ”
Answer from Peter Oppenheimer , CFO : “ Steve is the chief executive officer of Apple . ”
Apple COO Tim Cookwho ’s running the day - to - sidereal day show while Steve is away , in his southerly drawl : “ The note value of our troupe are highly well entrenched . We belive we ’re on the brass of the worldly concern to make large ware … We conceive in the childlike , not the composite … candidly , we do n’t root for anything less than excellence . ” In other word , Steve ’s vision hold up on . “ Those values are so plant in this fellowship that Apple will do extremely well . ”
https://gizmodo.com/the-next-gadget-gods-5135076
No cheapo earpiece , because they do n’t want to “ lead unit sales ” they want to “ construct the cosmos ’s best telephone set . ”
Apple TV still just a “ hobby . ” =(
literal Earnings Stuff
The profits call , where they ’ll talk about the phone number in detail and doubtlessly bailiwick questions aboutSteve Jobs ‘ health ( dunno how they canignore the SEC inquiry ) , bulge in about 15 minutes , and we ’ll be updating throughout if there ’s anything interesting . Here ’s what we have so far : tax income of $ 10.17 billion for $ 1.58 billion gain , fueled by 22.7 million iPods , 4.36 million iPhones ( a dip from theRIM - busting 6.9 million sold last quarter ) and 2.5 million Macs .
https://gizmodo.com/sec-examining-apple-on-steve-jobs-health-disclosures-5135991
That 2.5 million Macs is nine percent increase over last year ’s tail . Desktop sale decline by 25 pct versus last class ( ’cause the iMacs are onetime whereas they were fresh this clock time last class ) and because , Apple says , people are shifting to portables — hence 71 percent of Macs trade were portables .
MP3 player part was over 70 per centum December . Obviously , most iPods sell ever , 22.7 million .
13.7 iPhones sell in the calendar yr 2008 , more than the 10 million Apple had originally predicted .
Half of Macs sold in Apple Store still to people who ’d never possess a Mac before .
Apple Reports First Quarter outcome
Best Quarterly Revenue and lucre in Apple story
iPod sale Set New Record
CUPERTINO , California — January 21 , 2009 — Apple ® today annunciate financial results for its fiscal 2009 first quarter ended December 27 , 2008 . The Company mail record revenue of $ 10.17 billion and record final quarterly profit of $ 1.61 billion , or $ 1.78 per diluted share . These result compare to revenue of $ 9.6 billion and net quarterly profit of $ 1.58 billion , or $ 1.76 per diluted portion , in the yr - ago quarter . Gross margin was 34.7 percent , adequate to the twelvemonth - agone twenty-five percent . International sales accounted for 46 percent of the quarter ’s revenue .
In accordance with the subscription accounting discourse required by GAAP , the Company recognize tax revenue and price of goods sold for iPhone ™ and Apple video ® over their economic lives . Adjusting generally accepted accounting principles sales and production costs to eliminate the impact of subscription accounting , the tally non - generally accepted accounting principles measure * for the poop are $ 11.8 billion of “ Adjusted sales event ” and $ 2.3 billion of “ Adjusted Net Income . ”
Apple sold 2,524,000 Macintosh ® computers during the quarter , representing nine percent unit growth over the class - agone quarter . The Company sold a record 22,727,000 iPods during the quarter , represent three percent unit growing over the twelvemonth - agone quarter . Quarterly iPhone whole trade were 4,363,000 , lay out 88 percent unit growth over the twelvemonth - agone quartern .
“ Even in these economically challenging times , we are fabulously proud of to account our proficient quarterly receipts and wage in Apple history — pass $ 10 billion in quarterly revenue for the first clip ever , ” enjoin Steve Jobs , Apple ’s CEO .
“ Our outstanding solution bring forth over $ 3.6 billion in cash during the quarter , ” order Peter Oppenheimer , Apple ’s CFO . “ look ahead to the second fiscal fourth part of 2009 , we expect revenue in the range of about $ 7.6 billion to $ 8 billion and we anticipate diluted earnings per contribution in the range of about $ .90 to $ 1.00 . ”
[ SECviaAllThingsD , Apple ]
AppleiPhoneiPodSteve Jobs
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