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

36 Comments

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

  5. 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.

    Reply

  9. 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).

    Reply

  14. …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.

    Reply

  18. I can’t believe I was WRONG ! I can’t be wrong ’cause I am a Window HO and I write craps for a living!!!! This Apple profit growth is all lies!!! ALL LIES!! And I’m an A$$ho!!!

    Reply

  19. thanks for the math mac man, .. it really is a laptop world and i’m a laptop girl..

    okay.. seriously.. i’m not a girl and i dont own an ibook.. i have an emac..

    Selling at a pace of 8 million ipods/year.. er.. 400 X 8 million = 3.2 Billion in iPod revenue.. for what was recently an 8B company.. wow wow wow wow wow…

    For every one of those ipod owners, you can bet that if they dont’ buy macs, it’s because they can’t (for work reasons) but a large group will say hey.. why not?

    Reply

  21. Macs are hitting the world from the top and the bottom this time- OS X is getting IT notice, and the iPod and the iApps are hitting people at home. Only a matter of time before the tide starts turning. With numbers like this past quarter, it looks like its well on its way!

    Oh, yeah, and Apple gives its dev tools away for free! I love it! This is the true renaissance period for Apple. How long will it last? Good health to Steve…

    Reply

  22. About 18 months ago I took a chunk of money and bought Apple at $14. I figured how bad could it get when the cash value of the company was about $12. It took some nail biting along the way, but now at $42.50 I’m feeling pretty good. But it’s not over yet. AT&T is doing side-by-side “cost of ownership” testing of Linux, Macintosh, and Windows. I don’t know who’ll win, but I’m sure who’ll lose. The corporations are starting to wake up to Unix (OSX) as a robust, reasonably priced OS. Could it be the corporate world is getting fed up with legions of high priced Windows techs to keep their temperamental, security challenged, 32 bit Wintel boxes working?

    Reply

  23. Now do iMac sales mean G4 or G5? And I would suspect that once you have a G5, 1st or 2nd revision, your probably not gonna need a new computer for several years, their own TCO is their worst enemy, lol

    Reply

Reader Feedback

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