Apple Earnings: $1 Bill Profit, Record Mac Sales

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Apple just announced its best June quarter ever for revenue and earnings in Apple’s history.

Highlights include:

  • Almost 2.5 million Macs shipped — 41 percent growth. Highest Mac shipments ever. The Mac is back!
  • 11 million iPods sold — 12 percent growth
  • $7.46 billion revenue
  • $1.07 billion profit

(Last year: $5.41 billion and $818 million profit)

And this is without recording any iPhone revenues, which are being deferred until the fourth quarter.

Webcast of the analyst conference call.
Highlights from the analyst call:

  • App store: 900 apps; 25 million apps downloaded; 20 percent free; 90 percent below $10.
  • iPhone 3G: 22 Countries. 1 million sold in first 3 days after launch. 20 more countries on Aug 22nd
  • Future Product transition: Q4. “Can’t discuss today.”

4 responses to “Apple Earnings: $1 Bill Profit, Record Mac Sales”

  1. Keith says:

    Just a clarification. Is that 20% of downloaded apps are free, or 20% of all apps on the store free?

  2. Barry says:

    What I wonder is, is with Apple products becoming more and more popular, will they lose their identity? I thought the whole mystique of apple is that it was for the “rest of us.”

    The above is a great summary by the way, but I found skimming the full transcript to be very benefitial.

    You can read the entire transcript of the earnings call here:

    http://seekingalpha.com/articl