Apple yesterday reported revenue of $20.34 billion and $4.31 billion profits in the 4th quarter of their fiscal year, which comes down to $4.64 a share compared to $1.82 in the year-ago quarter.
Apple sold 3.89 million Macs, 14.1 million iPhones and 4.19 million iPads.
CFO, Peter Oppenheimer, forecasts $23 billion in revenue and $4.80 per share earnings in the holiday quarter.
Not bad, Apple!
They may have been the best results ever but fear about the ipad not meeting sales forecasts of 5 million units sent the shares tumbling down by 5% on the news… arent the makets a fickle bunch ?
or maybe on seeing the ipad, the users realised that the ipods n iphone were better ! š
The ipad is a rich man’s toy.. in fact probably the best toy ever.. but this is how it should be used: build it into the wall instead traditional light switches and let it switch your lights on but at the same time show you your portfolio, choose a playlist for your hifi, check the weather, maybe see who’s emailed you.. by now after a couple drinks you are a bit more mellow so back to the light switch mode for dimming .. stnadardise this, and every home would need for every room :)… world domination !
That’s pretty impressive to pull in numbers like that. They’ve done a great job breaking into different industry niches, so they still have plenty of room to grow.
My 2 cents, I guess iPad revenue is bad due to missing of the Flash application. Most of the users are expecting the Flash available in the iPad to consider a full function PC. As for the Macs, I believe it is too expensive compare to other PCs in the market. Anyway, well done Apple.