Apple Posts Record Quarterly Results
- July 13th, 2005
- Apple News
- Alex Brooks
Apple has just announced their financial results for its fiscal 2005 third quarter ending June 25th 2005.
Steve Jobs said, “we are delighted to report Apple’s best quarter ever in both revenue and earnings” he also added “The launch of Mac OS X Tiger has been a tremendous success, and we have more amazing new products in the pipeline.”
Apple posted a net quarterly profit of $320 million, or $.37 per diluted sgare, and revenue of $3.52 billion. These results compare to a net profit of $61 million, or $.08 per diluted share, and revenue of $2.01 billion in the last years third quarter. This represents revenue growth of 75 percent and net profit growth of 425 percent, the gross margin was up 29.7 percent from 27.8 percent in last years third quarter.
Apple shipped 1,182,000 Macs and 6,155,000 iPods, compared to last years third quarter this shows 61 percent growth of Mac sales and 625 percent growth of iPods sales.
Apple have sighted fourth quarter revenue of $3.5 billion and earnings per diluted share of $.32.
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