Apple has just announced financial results for its fiscal 2009 second quarter ending 28 March 2009, stating it had the best March quarter revenue and earnings in the company’s history.
Apple posted revenue of US$8.16 billion and a net quarterly profit of US$1.21 billion, or US$1.33 per diluted share. These results compare to revenue of US$7.51 billion and net quarterly profit of US$1.05 billion, or US$1.16 per diluted share, in the year-ago quarter.
Gross margin was 36.4 per cent, up from 32.9 per cent in the year-ago quarter. International sales accounted for 46 per cent of the quarter’s revenue.
Apples biggest winner was the iPhone with 3.79 million units sold, a massive 123 per cent increase over the year-ago quarter. The company also sold 11.01 million iPods during the quarter, a three per cent growth over the same period last year.
However, only 2.22 million Macintosh computers were sold during the quarter, which was down three per cent on last year.
“We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” said Peter Oppenheimer, Apple’s CFO.
“Apple’s financial condition remains very robust, with almost US$29 billion in cash and marketable securities on our balance sheet. Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about US$7.7 billion to US$7.9 billion and we expect diluted earnings per share in the range of about US$.95 to US$1.00.”