Apple Reports Third Quarter Results
Jul 30, 2007
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AppleĀ announced financial results for its fiscal 2007 third quarter ended June 30, 2007. The company posted revenue of US$5.41 billion and net quarterly profit of $818 million, or $0.92 per diluted share. These results compare to revenue of $4.37 billion and net quarterly profit of $472 million, or $0.54 per diluted share, in the year-ago quarter. Gross margin was 36.9%, up from 30.3% in the year-ago quarter. International sales accounted for 40% of the quarter's revenue.

Apple shipped 1,764,000 Macintosh computers, representing 33% growth over the year-ago quarter and exceeding the previous company record for quarterly MacĀ®shipments by over 150,000. The company also sold 9,815,000 iPods during the quarter, representing 21% growth over the year-ago quarter.

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