It's been a big few months for Apple.
The company announced
its iPad in early January and began sales earlier this month. The
9.7" tablet saw impressive
sales during its first weekend and continues to do well. Apple
also discussed iPhone
OS 4.0 which will grace the iPhone and the iPod touch this summer
(it will come to the iPad in the fall). In addition, Apple also
announced a brain
transplant for its MacBook Pro lineup with new Core 2 Duo and
Core i5/i7 processors.
And of course, we can't forget the
4G leak from this weekend that undoubtedly sent Steve Jobs' blood
pressure sky rocketing -- we also wouldn't be surprised if he took up
a Steve Ballmer pastime of throwing chairs.
Today, however, Apple is ready to
discuss money and by all accounts, the Cupertino, California-based
company made tons of it during the second quarter. Q2 revenue was impressive at $13.5 billion against estimates of $12.04 billion
– net profit was $3.07 billion. Apple had earnings per share of
$3.33 per share against a forecast of $2.45 per share. Gross margins
were 41.7% versus an estimated 40%. Revenue guidance for Q3 is $13 to
When it comes to products, Apple sold
2.94 million Mac computers, a whopping 8.75 million iPhones, and 10.89
million iPods during the quarter.
“We’re thrilled to report our best
non-holiday quarter ever, with revenues up 49 percent and profits up
90 percent,” said Apple CEO Steve Jobs. “We’ve launched our
revolutionary new iPad and users are loving it, and we have several
more extraordinary products in the pipeline for this year.”
In other Apple news, the company just
released iPhone OS 4.0 Beta 2
into the wild.