Apple Reports Record Third Quarter final result
Revenue Up 38 Percent Year - Over - Year
Mac Sales attain All - Time High
CUPERTINO , California - July 21 , 2008 - Apple ® today announced fiscal results for its fiscal 2008 third fourth ended June 28 , 2008 . The Company posted tax income of $ 7.46 billion and net quarterly lucre of $ 1.07 billion , or $ 1.19 per diluted share . These result compare to revenue of $ 5.41 billion and nett quarterly profit of $ 818 million , or $ .92 per dilute share , in the twelvemonth - ago quarter . unadulterated margin was 34.8 per centum , down from 36.9 percent in the year - ago after part . external sales accounted for 42 percent of the quarter ’s revenue .
Apple shipped 2,496,000 Macintosh ® computers during the quarter , representing 41 percent unit growth and 43 percentage revenue growth over the class - ago quarter . The Company sell 11,011,000 iPods during the quarter , representing 12 percent unit increase and seven percent taxation increase over the yr - ago one-quarter . Quarterly iPhone ™ unit sold were 717,000 compare to 270,000 in the class - ago - quarter .
“ We ’re proud to report the good June quarter for both revenue and earnings in Apple ’s story , ” said Steve Jobs , Apple ’s CEO . “ We set up a young record for Mac sales , we call back we have a real winner with our newiPhone 3 gigabyte , and we ’re busy finishing several more wonderful new product to found in the coming calendar month . ”
“ We ’re exceedingly pleased with the growth of our business and the generation of almost $ 5.4 billion in cash in the first three quarters of fiscal 2008 , ” said Peter Oppenheimer , Apple ’s CFO . “ Looking out front to the fourth after part of fiscal 2008 , we expect revenue of about $ 7.8 billion and earnings per diluted plowshare of about $ 1.00 . ”
Apple will leave live streaming of its Q3 2008 financial results league call apply QuickTime ® , Apple ’s standard - based applied science for resilient and on - requirement audio and video cyclosis . The live webcast will begin at 2:00 p.m. PDT on Monday , July 21 , 2008 at www.apple.com/quicktime/qtv/earningsQ308/ and will also be useable for replay .
This press release contains advancing - looking statements include without limit those about the Company ’s calculate gross and earnings per share . These statement involve hazard and incertitude , and actual results may differ . Risks and uncertainties let in without restriction potential litigation from the matter investigate by the special committee of the display board of director and the restatement of the Company ’s consolidated fiscal statements ; unfavourable outcome of other sound legal proceeding ; the effect of free-enterprise and economic cistron , and the Company ’s response to those factors , on consumer and business organization buying decisions with respectfulness to the ship’s company ’s products ; state of war , act of terrorism , public health number , and other circumstance that could disrupt supply , delivery , or demand of products ; continued competitive pressures in the marketplace ; the fellowship ’s trust on lone serve provider for iPhone in sure state ; the remain availability on acceptable terms of certain components and service essential to the companionship ’s business currently obtained by the Company from exclusive or limited sources ; the power of the Company to deliver to the marketplace and stimulate client requirement for unexampled programme , products , and technological founding on a well-timed basis ; the effect that product transition , change in Cartesian product pricing or admixture , and/or increment in constituent costs could have on the Company ’s gross margin ; the consequence that product quality problems could have on the Company ’s sales and operating net profit ; the inventory peril associated with the Company ’s need to govern or send to order product part in advance of client order of magnitude ; the core that the Company ’s dependency on manufacture and logistics services provided by third parties may have on the character , quantity or cost of products manufactured or services rendered ; the Company ’s dependency on the performance of distributor and other resellers of the Company ’s product ; the Company ’s trust on the availableness of third - political party digital contentedness ; and the potential wallop of a determination that the Company has conflict on the rational property right of others . More information on potential factors that could affect the Company ’s financial results is included from time to time in the Company ’s public reports filed with the SEC , including the Company ’s Form 10 - K for the fiscal yr terminate September 29 , 2007 ; its Forms 10 - Q for the quarter ended December 29 , 2007 and March 29 , 2008 ; and its course 10 - Q for the quarter ended June 28 , 2008 , to be file with the SEC . The Company assumes no obligation to update any forth - looking statement or entropy , which speak as of their various date .
Apple ignited the personal computer gyration in the seventies with the Apple II and reinvented the personal computer in the eighties with the Macintosh . Today , Apple continues to launch the industry in creation with its awarding - winning computer , OS cristal operating system and iLife and professional applications . Apple is also spearheading the digital media revolution with its iPod portable music and telecasting players and iTunes online computer storage , and has recruit the mobile phone market with its rotatory iPhone .
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