Apple boast record quarter on the back of Mac sales
Macs, iPods, iPhones and iTunes all performing well
26 July 2007 0:03 GMT / By Stuart Miles
Apple has announced bumper results for its third fiscal quarter today ending in June showing profits of $818 million from revenue of $5.41 billion.
“We’re thrilled to report the highest June quarter revenue and profit in Apple’s history, along with the highest quarterly Mac sales ever”, said Steve Jobs, Apple’s CEO.
Following a heavy advertising campaign in the US and UK, Apple says it has shipped 1,764,000 Mac computers in the last quarter, representing 33 percent growth over the year-ago quarter.
The Company also sold almost 10 million iPods during the quarter, representing 21% growth over the year-ago quarter.
The company says that non Mac products such as the iPhone and iPod accounts for 40% of the company's business.
The company is also boasting that is it is now the third largest music retail in the US ahead of Target and Amazon.
Apple has said that it sold 270,000 iPhones in the last 30 hours of the quarter, however admitted that only 146,000 phones were activated following activation issues.
The company confirmed that it aims to sell over 1 million iPhones by the end of September this year. As well as confirming once again the European iPhone launch was still online for Q4 this year, however the company implied that not all European countries would get the phone this year.
Shares for Apple declined 1% after the closing bell on Wednesday on the back of the results.
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