807,000 iPods sold, up more than 900 percent

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807,000 iPods sold, up more than 900 percent

MacMinute reports that Apple on Wednesday posted a net profit of US$46 million, or 12 cents a share, for its fiscal 2004 second quarter ended March 27, 2003. These results compare to a net profit of $14 million, or 4 cents per share, in the year-ago quarter. Revenue for the quarter was $1.909 billion, up 29 percent from last year. Apple said it shipped 749,000 Macs and 807,000 iPods during the quarter, representing a 5 percent increase in CPU units and a 909 percent increase in iPods over the year-ago quarter. “Apple had a great quarter with 29 percent revenue growth and 200 percent earnings per share growth year-over-year,” said Apple CEO Steve Jobs. “We experienced growth in most areas of our business-most dramatically in selling a record 807,000 iPods, up more than 900 percent over the prior year.”

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Comments

1

We’re all so unique.

Posted by MeshAir on April 14, 2004 at 12:36 PM (PST)

2

If I didn’t buy mine it would only be 806,999.

/nothn at all…

Posted by illpod on April 14, 2004 at 4:12 PM (PST)

3

Those are some awesome numbers! I don’t know if anybody here knows anything about financial info for a company, but to have that amount of growth in quarter is a strong statement to investors of Apple…

Posted by Asian_N02 on April 15, 2004 at 3:26 AM (PST)

4

“Gross margin was 27.8 percent, down from 28.3 percent in the year-ago quarter.”

This is not good, and isa recipe for disaster. The aim of every high-tech company is to grow margins along with revenues, to pay for increased R&D.

Posted by Margins on April 15, 2004 at 5:37 AM (PST)

5

I didn’t know that the growth margin was still lacking from last year’s quarterly statements. Thanks! Looks like they still have some catching up to do…

Posted by Asian_N02 on April 15, 2004 at 7:41 AM (PST)

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