600% growth in iPods leads to Apple's best quarter
Apple announced its best quarter ever at its conference call yesterday, reporting a net quarterly profit of $320 million, or $.37 per diluted share, and revenue of $3.52 billion. A year ago, Apple reported net profit of $61 million, or $.08 per diluted share, and revenue of $2.01 billion. It all comes out to revenue growth of 75 percent and net profit growth of 425 percent. International sales accounted for 39 percent of the quarter’s revenue.
Mac sales rose 35 percent to almost 1.2 million units, while Apple shipped more than 6 million iPods, which is more than six times the iPods sold a year ago.
Steve Jobs cited Tiger as a "tremendous success," and promised as he always does, "more amazing products in the pipeline."
Apple expects revenues to be slightly down from these numbers in the fourth quarter.
