Apple reports second quarter results; earnings per share triples, sold 807,000 iPods

Apple today announced financial results for its fiscal 2004 second quarter ended March 27, 2004. For the quarter, the Company posted a net profit of $46 million, or $.12 per diluted share. These results compare to a net profit of $14 million, or $.04 per diluted share, in the year-ago quarter. Revenue for the quarter was $1.909 billion, up 29 percent from the year-ago quarter. Gross margin was 27.8 percent, down from 28.3 percent in the year-ago quarter. International sales accounted for 43 percent of the quarter

20 Comments

  1. good God that is a lot of iPods. Im seeing more and more of them around campus. That is a staggering number, and a lot of potential mindshare. I was proud to see more mac ibooks and powerbooks at the airport than dell labtops, seemed to notice the Mac users smiling while working compared to the Dellheads.

  2. Only triple? Apple is beleguered. ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

    I agree with Dave H. This is very unusual. In the past, everytime there was a good news from Apple, the stock price tanked.

  3. Awesome, considering nothing hardwarewise really came out this quarter…wonder what’s in store in the coming months???
    900% increase???…imagine what the increase would be if they were able to meet worldwide demand. Maybe a worldwide demand statistic should start. he he

  4. Is the number of Mac units sold higher than in the previous quarter (not just compared to the depressed, year-ago quarter)? Analysts will be looking at that carefully.
    Overall, great!

  5. whats really amazing??? The 5% sale increase in CPU over a year ago. I really thought that number will go down consideing they haven’t had many hardware upgrades in this period…

  6. To ship over 800K iPods in the post-holiday quarter is an amazing performance, and certainly over my bet of 550K. Makes you wonder what could have happened had Apple and Hitachi been able to deliver to match demand seeing as they’re saying they won’t have supply/demad balance for iPod mini till some point in Q4 (09/30).

    Could easily have been a $2 billion plus quarter, with xServe G5 and Rev B G5 Power Macs.

    Roll on, Rev B and the HP deal.

    BTW, Thurrott – go fsck yourself.

  7. look at that 900% increase and think

    napster samsung player?

    lol…

    a music store that barely makes money and an uncopyable $400 ‘computer’ that is being resold at 200% of cost on eBay…

    wow

    sucks to compete w apple on the iPod front

  8. Congrats Apple on another fabulous quarter. On another topic, NAB will only bring software updates, no hardware will be announced there Dave. But that doesn’t mean Apple won’t do something soon though.

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.