Apple reports Q3 2004 results of $2.014 billion, net profit triples

Apple today announced financial results for its fiscal 2004 third quarter ended June 26, 2004. For the quarter, the Company posted a net profit of $61 million, or $.16 per diluted share. These results compare to a net profit of $19 million, or $.05 per diluted share, in the year-ago quarter. Revenue for the quarter was $2.014 billion, up 30 percent from the year-ago quarter. Gross margin was 27.8 percent, up from 27.7 percent in the year-ago quarter. International sales accounted for 39 percent of the quarter

14 Comments

  1. All of this is lies: Apple haven’t sold any iPods at all since Easter and the only money they’ve made was found down the back of Steve Jobs’s sofa.

    Apple is an evil company, where they sacrifice goats during the full moon whilst listening to Led Zeppelin records being played backwards.

  2. iPod Halo Effect:

    Mac units inching upward as Windows iPod / iTunes users have sampled Apple quality and then take the leap to Mac when their all-too-frequent upgrade time comes around?

  3. Wait… wait…!!!

    I don’t see it… I don’t see it anywhere…

    Where are ALL of those naysayers and Apple-is-doomed IT experts saying “Sorry!!” ?

    I think it’s time we all go back into the MDN archives, find these brainless twits, and send them some serious email!! Perhaps, they won’t be so quick next time in spouting their prejudice.

  4. Halo affect indeed. I was hoping to see a jump in computer sales.

    But what I’m waiting for are the Pee-Sea sales figures. If Windows sales are up 15% (versus up 14% for Macs) and Apples ‘marketshare’ declines I’m waiting for the goons who keep screaming “APPLE SALES ARE FALLING!!!”.

    But this is happy news! And I truly believe that we are seeing the turning point here, as Apple starts inching its way back up.

    I’m not a fiend for marketshare, but bigger numbers give more confidence to buyers (mostly SWITCHERS) and creators of software and hardware.

    If Apple can just get up to 8% I would be happy. But it will take years.

    David Vesey.

  5. How much of the sales increase due to halo effect and how much due to constant barrage of Microsoft security issues?

    Well, either way, it looks good for Apple.

  6. david.. if the pc industry grows 17% as it’s supposed to, well, it will be people replacing old Dells, HPs..

    so that’s not growth.. it’s just revenue…

    that actually measures obselescence more than anything

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