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.
quote: I think you're goin too much out of your way to hate on a company just because they're sucessful. If you don't like Apple products, then buy a Zune, an HTC phone, and a PC laptop.
quote: They make very polished programs and hardware that appeal to the average person who cares more about looks than anything else.
quote: I don't know. The products I've recently used from Microsoft have been reasonably polished and easy to use.
quote: I think that Apple's influence has helped other products to become more streamlined, user friendly... and pretty.
quote: If this isn't enough to convince people they're overpaying for Apple stuff I don't know what is. If this isn't enough to convince people they're overpaying for Apple stuff I don't know what is.
quote: My point is that the needless MAC bashing on DT has become over the top, nothing Pirks said in this post is controversial, inflammatory, or wrong, yet it still gets marked down
quote: Only thing copying Apple says about MS is that they are just as out of tune with the consumer as much as Apple.
quote: What some call "consumers" others call masochists...
quote: PC industry grew 24% year-over-year, while Mac grew 33%.
quote: iPod touch grew 63% year-over-year, with iPod revenue up 12%. Apple maintains over 70% share of MP3 player market.
quote: iTunes Store brought in $1.1 billion, with over 4 billion App Store downloads so far.
quote: iPhone sales, 8.75 million is most ever. Year on year increase of 131%. Growing at three times the overall market rate.
quote: Strong iPad sales. 3G on track for April 30th in U.S. Nine more countries coming in late May.
quote: Retail store sales up 22%, and 50% of retail store Mac purchasers continue to be new to Mac.