Menu
Apple revenue, profits steam ahead

Apple revenue, profits steam ahead

THE continued popularity of Apple Computer's iPod music player helped the company to a rise in second-quarter revenue and profit, as compared to last year's second quarter.

Second-quarter revenue was US$1.9 billion, up 29% from revenue of $1.5 billion in last year's second quarter. Net income was $46 million, up sharply from the $14 million in net income posted in the second quarter a year ago.

Apple shipped more iPod units in the second quarter than it did Macintosh computers. A total of 807,000 iPod units were shipped, but that accounted for only $264 million in revenue. The 749,000 Macintosh units shipped during the quarter generated $1.2 billion, and exceeded the 711,000 units shipped in the second quarter of 2003 for $1.1 billion in revenue.

Earnings per share were $0.12, including a $7 million restructuring charge. Excluding the charge, earnings per share were $0.14, exceeding analysts' consensus expectations of $0.10 excluding special items as surveyed by Thomson First Call. Apple's second-quarter revenue also exceeded analysts' expectations of $1.81 billion.

Apple expects to record $1.9 billion in revenue during the third quarter, it says.


Follow Us

Join the newsletter!

Error: Please check your email address.

Featured

Slideshows

Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.‚Äč

Tech industry comes together as Lexel celebrates turning 30
Show Comments