Apple reports $410M profit on revenues of $4.36B

Posted:
in General Discussion edited January 2014
Quote:

Apple reports $410M profit on revenues of $4.36B



By AppleInsider Staff

Published: 04:00 PM EST

Apple Computer on Wednesday announced financial results for its fiscal 2006 second quarter ended April 1, 2006. The Company posted revenue of $4.36 billion and a net quarterly profit of $410 million, or $.47 per diluted share.



These results compare to revenue of $3.24 billion and a net profit of $290 million, or $.34 per diluted share, in the year-ago quarter. Gross margin was 29.8 percent, equivalent to the year-ago quarter. International sales accounted for 43 percent of the quarter's revenue.



Apple shipped 1,112,000 Macintosh computers and 8,526,000 iPods during the quarter, representing 4 percent growth in Macs and 61 percent growth in iPods over the year-ago quarter.



"We've generated over $10 billion in revenue and almost $1 billion in earnings in the first half of fiscal 2006," said Steve Jobs, Apple's CEO. "Our transition to Intel processors is going very well, and our music business just experienced another quarter of outstanding growth."



"We're very pleased to report the second highest quarterly sales in Apple's history, resulting in year-over-year revenue growth of 34 percent and earnings growth of 41 percent," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the third quarter of fiscal 2006, we expect revenue of about $4.2 to $4.4 billion. We expect GAAP earnings per diluted share of about $.39 to $.43, including an estimated $.04 per share expense impact from non-cash stock-based compensation, translating to non-GAAP EPS of about $.43 to $.47."



Apple will provide live streaming of its Q2 2006 financial results conference call utilizing QuickTime. The live webcast will begin at 2:00 p.m.





I've read offhand remarks that AAPL has gone up after the numbers were released. I hope this is the case! Nice to see the street react positively (aka buy) to positive news!





Edit: Article was missing so I popped it in the forums.

Comments

  • Reply 1 of 6
    http://www.google.com/finance?q=AAPL



    Up nearly 5% in after market trading - nice
  • Reply 2 of 6
    xoolxool Posts: 2,460member
    Nice. Can't wait to see where the cards lie tomorrow in the AM. 8)



    Unrelated, but this was the first time I used google finance and I like the cool flash chart, although it needs more historical data.
  • Reply 3 of 6
    jeffdmjeffdm Posts: 12,946member
    Quote:

    Originally posted by Xool

    Nice. Can't wait to see where the cards lie tomorrow in the AM. 8)



    Unrelated, but this was the first time I used google finance and I like the cool flash chart, although it needs more historical data.




    What kind of historical data? You can make it show five years of stock price history or any sub chunk of that.
  • Reply 4 of 6
    xoolxool Posts: 2,460member
    Quote:

    Originally posted by JeffDM

    What kind of historical data? You can make it show five years of stock price history or any sub chunk of that.



    Yeah, I'm talking abut info older than five years. Good stuff back there, aside from the .com bubble.
  • Reply 5 of 6
    eckingecking Posts: 1,588member
    If only those mac vs ipod numbers were reversed.



    Or even if a 1/4 of those ipod buyers this year bought a mac within a year.



    *sigh*
  • Reply 6 of 6
    jeffdmjeffdm Posts: 12,946member
    Quote:

    Originally posted by Xool

    Yeah, I'm talking abut info older than five years. Good stuff back there, aside from the .com bubble.



    That would be nice, but I don't remember the other major stock trackers having that either.
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