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Apple's Having the Best Quarter Ever
Created 2008-07-21 14:17

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Apple's Having the Best Quarter Ever
Posted 07/21/2008 at 5:17:54pm | by Florence Ion
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MacNN is reporting that Apple has announced revenue of $7.46 billion and a net quarterly profit of $1.07 billion for the 2008 third quarter, which ended June 28. This has been the best June quarter in the company’s history.

Apple sold almost 2.5 Million Macs, a 41 percent increase from last year, and over 11 million iPods, a 12 percent increase. iPhone sales increased by almost 450,000 units.

Apple CEO Steve Jobs felt that the iPhone 3G initiated growth for the third quarter, while Apple CFO Peter Oppenheimer expressed satisfaction with the amount of revenue accumulated. Apple expects revenue of about $7.8 billion for the fourth quarter.

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TAGS:  Apple Inc., Quarter Results
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Source URL: http://www.maclife.com/article/news/apples_having_best_quarter_ever

Links:
[1] http://www.maclife.com/user/fion
[2] http://www.maclife.com/article/news/apples_having_best_quarter_ever
[3] http://www.macnn.com/articles/08/07/21/apple.posts.1b.profit/
[4] http://www.maclife.com/article/apple_celebrates_a_record_setting_quarter_hints_at_product_transitions
[5] http://www.maclife.com/article/predictions_for_apples_june_quarter_lots_of_iphone_news_and_more