The Company posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue.They did over $24 billion in revenues for the year.
The current quarter should be even more spectacular. It's traditionally Apple's best. Leopard will ship. People who have deferred hardware purchases to wait for Leopard will buy Macs. The new iPods continue to be a popular gift. And the iPhone is charging ahead at $399. But, of course, with everyone expecting great results, the pressure gets even higher to beat those expectations.
Mickeleh's Take: For anyone holding Apple shares, it's time to sell just a few and tip the croupier by buying some Apple goodies.
(Tags:Apple, Apple Earnings)