The results are in—the second quarter results, that is. In a formal press release, Apple today announced financial results for its fiscal 2009 second quarter, ending March 28, 2009. The company posted revenue of $8.16 billion and a net quarterly profit of $1.21 billion, or $1.33 per diluted share. These results are definitely ahead from last year’s report. Gross margin went up 3.5 percent, landing at 36.4 percent.
Apple sold 2.22 million Mac computers during the quarter, though ultimately resulting in a 3 percent unit decline from last year. However, the Cupertino-based company leveled it out by selling 11.01 million iPods, with a three percent unit growth, probably due to the release of the upgraded iPod Nano and Shuffle.
“We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” said Peter Oppenheimer, Apple’s CFO, in the press release. “Apple’s financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet. Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about $7.7 billion to $7.9 billion and we expect diluted earnings per share in the range of about $.95 to $1.00.”
Check out a live web conference of the Q2 2009 financial results at the official website.
