Apple
Apple posted profits of $1.58bn on revenue of $9.6bn between October and December 2007

Apple logs another record quarter

Profits of $1.58bn on revenue of $9.6bn

Shaun Nichols in California

Apple has continued its record-breaking run with its best ever quarterly results.

The company racked up profits of $1.58bn on revenue of $9.6bn between October and December 2007. The figures represent a $580m jump in profits over the same period last year.

Advertisement

Leading the way once again was the Mac computer line. Apple shifted more than 2.3 million Macs over the quarter, showing 44 per cent growth over last year.

IPod sales were also strong. Apple sold 22 million players over the quarter, representing a five per cent gain over last year's numbers.

Apple logged more than 2.3 million iPhone sales over the quarter. Chief executive Steve Jobs told the Macworld Expo last week that more than four million iPhones had been sold at a rate of 20,000 a day since its release in June.

"We are thrilled to report our best quarter ever, with the highest revenue and earnings in Apple's history," said Jobs.

Jobs also highlighted the upcoming release of the MacBook Air and iTunes movie rentals, which he expects to help carry Apple to $6.8bn in revenue next quarter.

Wall Street, however, was anything but thrilled by Apple's predictions for the next quarter.

The forecast fell short of analyst expectations and sent the company's stock price down 11 per cent.

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Related whitepapers

Related jobs

Most watched

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

Xperia X1

Video Review: Sony Ericsson Xperia X1

First Looks Editor Ian Williams gets hands on with the Sony Ericsson Xperia X1

IT white papers

Search white papers

Top categories

Poll

Poll: Summer smartphones

Poll: Summer smartphones

Which smartphone will you be taking to the beach this summer?

View poll results

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Spotlight

a padlock

Microsoft to plug security holes

Microsoft has given advance warning of a number of security...

Nokia handset

Top 10 articles, 10 July 09

No Nokia Android phone, ActiveX attacks and Google enters into...

Can Google beat Microsoft at its own game?

Google's announcement this week that it plans to step into...

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

Primary Navigation