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Apple Reports First Quarter Results
Categories: business
computers
electronics
entertainment
URL: http://www.apple.com/pr/library/2007/01/17results.html
Description: CUPERTINO, California—January 17, 2007—Apple® today announced financial results for its fiscal 2007 first quarter ended December 30, 2006. The Company posted record revenue of $7.1 billion and record net quarterly profit of $1.0 billion, or $1.14 per diluted share. These results compare to revenue of $5.7 billion and net quarterly profit of $565 million, or $.65 per diluted share, in the year-ago quarter. Gross margin was 31.2 percent, up from 27.2 percent in the year-ago quarter. International sales accounted for 42 percent of the quarter’s revenue.
Title: Apple Reports First Quarter Results
Clicks: 42
Link Added: 02-11-2007
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