Apple smashes earnings estimates: posts net profit of $106 million on $2.35 billion revenue, iPod sh

Apple today announced financial results for its fiscal 2004 fourth quarter ended September 25, 2004. For the quarter, the Company posted a net profit of $106 million, or $.26 per diluted share. These results compare to a net profit of $44 million, or $.12 per diluted share, in the year-ago quarter. Revenue for the quarter was $2.35 billion, up 37 percent from the year-ago quarter. Gross margin was 27.0 percent, up from 26.6 percent in the year-ago quarter. International sales accounted for 37 percent of the quarter

36 Comments

  1. I was wrong, and I’ve never been so happy.

    I was expecting 1.15 million iPods, which would still have exceeded the record by 25%, so for the actuals to be 2 million is a hell of an acheivement.

    Also, to sell over 800,000 computers in a stock-constrained quarter deserves some praise – roll on the holidays.

  2. Apple has raised guidance for the next quarter… which means better results are expected. The iMac G5 has only been a trickle so far… watch out. (And the HPod has only started to ship).

  3. …amid the cacophonous roars of excitement, a nearly inaudible sigh escapes the collective breaths of a hundred iPod-killer designers as the insurmountable task of succeeding the iPod throne finally begins to be seen.

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