Apple 2009 Q3 earnings highlights
- TAGS:Apple, quarter, revenue
- IT TOPICS:Macintosh & Apple
I'll try to focus on technology
From Press Release:
- revenue of $8.34 billion and a net quarterly profit of $1.23 billion or $1.35 per diluted share
- Gross margin was 36.3 percent, up from 34.8 percent in the year-ago quarter
- Apple sold 2.6 million Macintosh® computers during the quarter, representing a four percent unit increase over the year-ago quarter
- Apple sold 10.2 million iPods during the quarter, representing a seven percent unit decline from the year-ago quarter.
- Quarterly iPhones sold were 5.2 million, representing 626%(!!!) unit growth over the year-ago quarter.
Apple has internally forecasted the demise of the iPod classic, nano and shuffle - replaced with the iPhone and iPod touch.
Grew 4% vs. industry -3% to -5%
New Category: "Pocket Products" = iPhone, iPods
Apple uses 3% of Worldwide Flash RAM. Purchased $500 million ahead of time
France Apple Store will open during the holiday quarter. On track to 25 new stores this year.
Apple made a huge payment to Toshiba for NAND Flash (not Toshiba).
Apple is selling iPhones at the rate of much over 20 million/year
They aren't able to meet demand for iPhone 3GS
MacBook Pro is also a bit behind supply but catching up. Demand for low-priced MBP caught Apple off guard
Tim cook: "MOST of the carriers are good relationships". When asked about US, mentioned "carrierS"
20% of Fortune 500 have purchased 10,000 or more iPhones, lots of big universities too.
Tim Cook talks about netbooks. Apple isn't going to build a $399-$499 Netbook
China iPhone: Within a year - priority project
That's about it. Another banner quarter for Apple



