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Apple posts historic earnings for Q4 fiscal 2008

The stock market is taking a pummeling and many computer makers are feeling the pinch. Dell has been unable to hit its projected earnings due to a soft market while HP maintains it can meet quarterly projections. Apple has kept mum on the state of the economy and has turned significant profit growth for its latest quarter.

Yesterday, Apple reported its financials for Q4 fiscal 2008 that ended on September 27. Apple posted revenue of $7.9 billion and a net quarterly profit of $1.14 billion or $1.26 per diluted share. Comparing those numbers to the same period in 2007 when Apple reported revenue of $6.22 billion and a profit of $904 million for the quarter shows significant growth.

Apple's gross margin for Q4 2008 was 34.7%, up from 33.6% in 2007. After removing cost of goods for iPhone and Apple TV over the products economic lives, adjusted sales for the quarter are $11.68 billion and adjusted income is $2.44 billion.

Apple says that it shipped 2,611,000 Mac computers during the quarter for a 21% growth in shipments over 2007. Cupertino says that it sold 11,052,000 iPods during Q4, which is an 8% growth compared to 2007. IPhone sales over Q4 are 6,892,000 compared to 1,119,000 in Q4 2007. That is a massive growth that can be attributed to the increased desirability of the iPhone 3G over the original iPhone.

Apple is now ahead of Smartphone maker RIM in units sold. Steve Jobs said in a statement, "Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone—we sold more phones than RIM. We don’t yet know how this economic downturn will affect Apple. But we’re armed with the strongest product line in our history, the most talented employees and the best customers in our industry. And $25 billion of cash safely in the bank with zero debt.”

DailyTech reported in late September that Apple held 20% of the PC market in America. Apple says that 41% of its sales for Q4 came from international sales.



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RE: An Unapologetic Microsoft Fan
By Pirks on 10/22/2008 3:38:53 PM , Rating: 2
quote:
So there are differences that show up in day to day use.
Here's another difference between Mac and Windows PC. When you press Win-D twice on a PC you get windows Z order messed up (topmost window disappears under some background window) and windows flicker and redraw like hell on Vista Aero (so all this GPU-based Aero stuff is no more than pure marketing BS from Ballmer's gang, just press Win-D twice and see for yourself). Use the same function (F11 keyboard key) on a Mac and it's a beauty and elegance itself compared with PC's ugliness. When you press F11 on a Mac windows slide away beautifully from the desktop, and then you press F11 again and they smoothly return back to their positions and the Z order is not messed up like on a PC.

What does it tell you guys? If you are a Windows fanatic (people like reclaimer, savage potato and others, they know who they are) then obviously you will argue that this never happens, that Vista is not at fault, that Ballmer is good and everything is good yada yada, I heard all that.

But I'm not a Windows fanatic so I can't stay blind to this. It's obvious to me and anyone who's not fanatical that MS simply can't code their user interfaces properly. Their coders do crap job most of the time, they just don't know what is beauty and elegance in user interface.

This is one of the reasons the Apple Tax does exist. If MS were doing their job properly, with passion and attention to detail (i.e. Apple-style) then the Apple Tax couldn't exist at all. It's that simple :)


RE: An Unapologetic Microsoft Fan
By croc on 10/22/2008 6:27:55 PM , Rating: 1
Bullshit. I'v got five programs running, win d works as advertised... show desktop. Next press, all windows are back in place, no muss no fuss.


RE: An Unapologetic Microsoft Fan
By Pirks on 10/22/2008 8:46:51 PM , Rating: 2
Yeah, MS has advertised this feature as "show and hide desktop" so you right in that sense - Win-D indeed shows and hides desktop, so it does work as advertised. It's the little details I mentioned above that make a big difference. Sometimes "as advertised" is not enough after you've seen how competition does the same thing. Try F11 in Mac OS X and you'll see what I'm talking about.

If you don't have a competitor to compare Windows against - no wonder this sounds like a BS to you. Your reaction is perfectly normal for a person who has never worked with Mac OS X.


RE: An Unapologetic Microsoft Fan
By croc on 10/22/2008 11:40:18 PM , Rating: 2
It works just fine for me, and at the office I DO support OS x... I just place them on the firewall's DMZ for security. Your 'f11' key is no better than 'win d'. They both work as advertised. So bugger off, please...


RE: An Unapologetic Microsoft Fan
By Pirks on 10/23/2008 12:09:42 AM , Rating: 2
You must be a Windows fanatic. I can't find any other reasonable explanation for not seeing the obvious - ugly flickering when windows get redrawn after pressing Win-D twice. I don't own any Macs and not going to 'cause I'm a gamer, (but I use PowerMac G5 at work, bought for me by my company for some special Mac-only software), hence I can't be Mac fanatic but still I can see Win-D ugliness very clearly.

Z order is not always screwed in Windows, only sometimes, so it's normal that you don't see it (you probably have 2-3 windows open, then this bug is not likely to appear) but not seeing obvious flickering and ugly window redrawing? If you are not Windows fanatic then maybe you use just a couple of very lightweight apps like notepad, maybe their windows don't flicker and redraw in a less ugly and noticeable way, hence your inability to see what I see.

Well, anyway, here's smoe more food for thought: http://www.anandtech.com/mac/showdoc.aspx?i=3435&p...

Yeah, it's not about flickering and F11 but it adds another chink in Windows armor and pushes even more people to Apple.


"So if you want to save the planet, feel free to drive your Hummer. Just avoid the drive thru line at McDonalds." -- Michael Asher














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