Apple posts a $1 Billion profit.

Posted by Les on Wednesday, January 17, 2007 at 10:51 PM. Read 374 times. Tags:
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Apple certainly must be doing something right. According to a Wired Magazine they’ve had their best first quarter ever:

Thanks to selling an unbelievable 21.1 million iPods over the holidays, Apple reported record-breaking revenues for the December quarter of more than $7 billion. $1 billion of that is pure profit.

“We’ve just kicked off what is going to be a very strong new product year for Apple by launching Apple TV and the revolutionary iPhone,” said El Jobso in a statement.

Apple aslo sold 1.6 million Macs, which ain’t too shabby either. Also a record, I believe. Almost 1 million of those were portables and 600,000 desktops, according to an Apple data sheet.

And contrary to reports from Forester that iTunes sales are on the slide, Apple says they were up 30 percent (year on year) in the December quarter.

Not too shabby. 

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Erin Pakistan Posted on 01/18/2007 at 03:39 AM

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A lot of hype and fascinating look, but apple iphone lacks and lacks a way too much with closed wall no SDK stinks. I could have instantly switched over from Sony Ericsson K using Zyb but it seems that synchronisation will remail a nightmare! Alas help Jobs@@@

Bahamat United Kingdom Posted on 01/18/2007 at 01:45 PM

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$1 billion of that is pure profit

Not bad for a fruit company LOL
(OK I stole/adapted that one off Forest Gump)

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swordsbane United States Posted on 01/18/2007 at 10:16 PM

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Except their stock dropped 5% today.  Apparently, their predictions about 2007 fell short of analysts predictions.  Historically, Apple is conservative in their predictions of their own performance, so what happened was Apples low expectations of their performance for the coming years was below that of the market analysts high expectations, but still very good and because of that, their stock price fell, even though their profits are up and expected to keep going up.

I love the stock market.

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elwedriddsche United States Posted on 01/26/2007 at 02:35 PM

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Science is answers that must always be questioned.
Philosophy is questions that may never be answered.
Religion is answers that must never be questioned.
Politics is answers that lobbyists pay for.

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