Apple has announced its financial results for fiscal Q4 2009. With $9.87 billion in revenue, and $1.67 billion in profit, this is Apple’s most profitable quarter ever. This works out to be $1.82 per diluted share, compared to the year-ago quarter where Apple raked in $7.9 billion, and net quarterly profit of $1.14 billion, or […]
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Apple Reports Most Profitable Quarter Ever

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Apple has announced its financial results for fiscal Q4 2009. With $9.87 billion in revenue, and $1.67 billion in profit, this is Apple’s most profitable quarter ever. This works out to be $1.82 per diluted share, compared to the year-ago quarter where Apple raked in $7.9 billion, and net quarterly profit of $1.14 billion, or $1.26 per diluted share. International sales accounted for 46% of this quarter’s revenue, and gross margin was 36.6% compared to 34.7% in the year-ago quarter. Additionally, this was a new record for Apple in Mac and iPhone sales.

Apple shipped 3.05 million computers which is a 17% increase from the year-ago quarter, 10.2 million iPods which is down 8% of from the year-ago quarter, and lastly they sold 7.4 million iPhones, which is up 7% from the year-ago quarter.

“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

Lastly, Apple expects $11.3 billion- $11.6 billion in revenue for first fiscal quarter of 2010.

In short, Apple is doing better than ever while in the middle of a recession. They are shipping more and more Macs, and the iPhone is slowly taking the place of the iPod.

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