Apple holiday results crush expectations

January 25, 2010

The Cupertino, California-based Mac, iPod and iPhone maker experienced significant, over 100 percent for iPhone and 30-plus percent Mac, unit volume growth with profits up 50 percent on revenues that rose by over $4 billion. Although everyone expected solid results, the announced numbers exceeded even optimistic estimates.

Apple has announced results for its first fiscal quarter of 2010, which ended on Dec, 26, 2009.

Here are some of the numbers:

” 3.36 million Macs, up 33 percent y-o-y

“” 1.2 million desktop Macs, up 70 percent y-o-y

“” Notebook sales rose 18 percent

” 8.7 million iPhones, up 100 percent y-o-y

” 21 million iPods, 8 percent unit decline y-o-y

” $15.68 billion in revenue versus $11.88 billion last year

” $3.38 billion profit, $3.68 per share

“” $2.26 billion, $2.50 per share last year

” Gross margin was 40.9 percent, versus 37.9 percent last year

” 58 percent of revenues came from overseas

” Added $5.8 billion in cash

“œIf you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company,” said El Jobs. “œThe new products we are planning to release this year are very strong, starting this week with a major new product that we’re really excited about.”

Listen in to the cached stream of the analyst conference call here.

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