Apple Q4: $904 Million Profit
Posted 10/22/2007 at 2:04pm
| by Mac|Life Staff
Key points to Apple's results:
• Last year, Apple's Q4 revenue was $4.84 billion, profit was $542 million.
• 2,164,000 Macs shipped during the quarter, which is 34 percent more than last year.
• 10,200,000 iPods sold during the quarter (17 percent growth over last year).
• 1,119,000 iPhones sold (1,389,000 total iPhones sold so far).
• $24 billion in total revenue for 2007; $3.5 billion in 2007 net profit.
• Apple has $15.4 billion in cash "and no debt," according to Apple CFO Peter Oppenheimer.
• Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter.
• iTunes Store has sold over 3 billion songs and 100 million TV shows.
• Apple's retail stores: $1.25 billion in revenue. Average revenue per store: $6.6 million.
• Apple forecast for December quarter: $9.2 billion in revenue; 31 percent gross margin.