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Apple earnings
Wednesday, 23 April 2008
The company reported revenue of $7.5 billion and net income of $1.1 billion for its second fiscal quarter, which ended March 29. The net income translates to earnings per share of $1.16, and both the revenue and earnings per share blew away Wall Street expectations of $6.9 billion in revenue and earnings per share of $1.07.

As has been the case the last several quarters, the Mac led the charge for Apple. Mac shipments were up 51 percent, compared to the same period last year, at 2.3 million units, and revenue from Macs increased by 54 percent.

iPod growth was slow, as expected, with just 1 percent unit growth and 8 percent revenue growth, on shipments of 10.6 million units. And Apple sold 1.7 million iPhones during the quarter, an increase from its first-quarter iPhone shipments of 1.1 million units.





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