Apple results dazzle with 3m Macs sold in fiscal Q4
As expected our favorite fruit company has delivered its best ever quarter for Macs and iPhones, resulting in revenues of nearly $10 billion and a $1.67 billion profit. So, even as the recession bites deeply and unemployment rises, the company’s growing legion of customers continue to single out Mac, iPod and iPhone as being the value leaders in every category where Apple competes.
Apple announced financial results for its fiscal 2009 fourth quarter ended September 26, 2009.
“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.”
Some bullet points from the PR and live call:
• Revenue of $9.87 billion, net quarterly profit of $1.67 billion, or $1.82 per diluted share.
… Compare to ‘08 revenue of $7.9 billion net quarterly profit of $1.14 billion, or $1.26 per diluted share• Gross margin was 36.6 percent, up from 34.7 percent in the year-ago quarter
• International sales accounted for 46 percent of revenue.
• Non-GAAP revenues of $12.25 billion (includes Apple TV, iPhone revenues)
• 3.05 million Macs sold, 17 percent unit increase over Q4 ‘08
… Portables were 74 percent of the Mac product mix
… 34 percent increase in portable sales over last year
… 670,000 Macs sold through Apple’s stores
… Best back-to-school in company’s history
… Exceptional Snow Leopard uptake, doubled Leopard sales
… Higher mix of MacBook Pros• 10.2 million iPods, 8 percent unit decline over Q4 ‘08
… iPod ASP up at $154, which probably means more touches sold
… Over 50 percent iPod buyers were first timers• 7.4 million iPhones, 7 percent unit growth over Q4 ‘08
… 20+ million units for the year
… iPhone ASP of $600 on high 3GS sell through
… 50+ percent of the Fortune 500 using or testing the iPhone
Interestingly, Apple announced that it opened more retail stores abroad than here at home in the U.S.
Also, Apple notes an abnormal increase in airfreight expenses for its fiscal first (calendar fourth) quarter tied to a product or products that Tim Cook would not name, although we’ll probably learn more about that tomorrow morning.
Additional data culled from TUAW, Macworld, Gizmodo, MacNN and other sources.
Tune into Apple’s Q4 results conference call — live or cached — here.
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