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MacCulture New forum topics |
Submitted by Alexandros Roussos on Mon, 2007-10-22 20:38.
Apple Inc. released its Q4 (Q3 Calendar) financial results after the markets close on Monday. The company has posted profit and revenue of, respectively, 904 million and $6.22 billion. In the same quater, last year, Apple posted $4.84 billion of revenue and profit of $0.64 per share. For the fiscal 2007 year, Apple posted revenue of $24 billion and profit of $3.5 billion. As many as 2.164 million Macs were sold this quarter, along with 10.2 million iPods and 1.119 million iPhones. Margin for the quarter was 33.6%, up from 29.2% in the year ago quarter. The results beat all estimates made by analysts who were betting on revenue of about $6 billion and profits of nearly $0.85 a share. Apple's shares climbed before the closing bell to $174,36, up 2.31% from $170.42. They are now trading even higher during the after-hours trading session. Guidance for next quarter is $9.2 billion of revenue on profit of $1.42 per share. The company will hold a webcasted conference so as to provide details on its quarterly results and answer to questions. UPDATE - Financial Conf Call: Bookmark/Search this post with:
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