Apple continues to surge and delight while recently announcing its quarterly financial results after the close of the stock market Tuesday, reporting revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per diluted share. (Analysts had estimated AAPL quarterly earnings at $1.17/share on estimated revenue of $8.2 billion.)
Sorting through the data we can see that Apple sold 2.6 million Macintosh computers (desktops and Macbooks) during the quarter, representing a four percent unit increase over the year-ago quarter. The Company 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 percent unit growth over the year-ago quarter.
A local PC geek that actually thinks he is, some how, engaged around an on-going technology “smack down” with me, sent me an email crowing:
“Hah! Weakness is apparent. The iPod is finally showing its wear as numbers begin to trail-off. The Microsoft Zune and other products are not far behind!”
Silly little man. I laugh heartily, and with gusto, in your general direction.
The iPhone continues to gouge market share (never mind my prior and epic post: blackberry is all Business). And, perhaps very relevant to this point is the simple fact that the iPhone is, of course, an upgraded form of the iPod. This means the net growth of the iPod-oriented product line is actually up 619 percent – and why Apple continues to beat analysts expectations.
Peace be to my Brothers and Sisters.
Brian Patrick Cork