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 Apple Reports Record Third Quarter Results

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PostSubject: Apple Reports Record Third Quarter Results   Mon Jul 28, 2008 5:53 pm

"Apple Reports Record Third Quarter Results

Revenue Up 38 Percent Year-Over-Year
Mac Sales Reach All-Time High

CUPERTINO, California—July 21, 2008—Apple® today announced financial results for its fiscal 2008 third quarter ended June 28, 2008. The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8 percent, down from 36.9 percent in the year-ago quarter. International sales accounted for 42 percent of the quarter’s revenue." Full article...
http://www.apple.com/pr/library/2008/07/21results.html
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