Review: Proporta TurboCharger 5000 – External Emergency Charger Battery Pack
What recession? Apple on Wednesday announced its fiscal 2009 first-quarter results with record-breaking numbers. The company topped $10 billion in quarterly sales for the first time and exceeded Wall Street’s expectations. Apple posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share, in the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue. “Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history — surpassing $10 billion in quarterly revenue for the first time ever,” said CEO Steve Jobs. What’s Selling? Everything! Apple sold 2,524,000 Macintosh computers during the quarter. That’s a nine percent growth over the year-ago quarter. The company also sold a record 22.727 million iPods during the quarter, a three percent growth over the year-ago quarter. Quarterly iPhone sales were 4.363 million, an 88 percent growth over the year-ago quarter. “Our outstanding results generated over $3.6 billion in cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2009, we expect revenue in the range of about $7.6 billion to $8 billion, and we expect diluted earnings per share in the range of about 90 cents to $1.00.” Apple’s stock, which has taken a beating in recent weeks from speculation about Jobs, his health, and the impact of his decision to take a six-month leave of absence, rose to recover recent losses. Shares were selling around $88 at noon EST. The Impact of the iPod Touch Apple reported that iPhone 3G sales have been significantly greater than sales of the first-generation iPhone. During the first quarter of iPhone 3G availability ended Sept. 27,…
View original here: Record Apple Earnings Top Wall Street Expectations
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mona mccallum